SuperNews 25-5-2026 (Judgment – Budget 2026-27 – Tax Collections – Negative Impacts of CVT on Foreign Assets – e-Monitoring – President vs FTO Cus Vals – Import – Misc – Shipping – Intl)

The following topics can be found in their own Tax Law posts:

1.      SHC Order [Anti Smuggling – 156 -22] 19-5-2026 Secs 11, 37, 38 & 56 ST Act – PLD 2025 SC 633 – 2025 PTD 1270 – Sec 265K CrPC – 50 Accused Acquitted

2.      ATIR Order [ITA 341 -22] 12-2-2026 CIR vs CIRA – Sec 122(5A) ITO – Fertilizer Distributer – TY-2016 – Sec 236G ITO – S 111 ITO – 2019 LHC 1452 – Dismissed

The following topics are included in the given attachment:

3.      BUDGET FY2026-27: TRADERS ASSURED OF SIMPLIFIED TAX SCHEME

4.      TAX COLLECTION: A SYSTEM DESIGNED TO FAIL

5.      HIGH CVT FORCING WEALTHY PAKISTANIS TO SURRENDER NATIONALITY: PBC SAYS CVT ON FOREIGN ASSETS IS PUSHING WEALTHY PAKISTANIS TO RENOUNCE NATIONALITY AND RECOMMENDS SWEEPING TAX REFORMS FOR BUDGET 2026–27

6.      MILK PRODUCTION, PACKAGING COMPANIES ASKED TO INSTALL E-MONITORING SYSTEMS

7.      PRESIDENT REJECTS FBR’S PRESENTATION AGAINST FTO

8.      NEW IMPORT VALUES OF TEXTILE ITEMS ISSUED

9.      IMPORT OF CERAMIC SANITARY WARES: CUSTOMS DECIDES TO REVISE VALUES

10.   SPECIAL JUDGE CUSTOMS, TAXATION & ANTI-SMUGGLING ACQUITS 50 ACCUSED

11.   GMOs IMPORTS: GOVT TO LIBERALISE REGULATORY FRAMEWORK

12.   GWADAR PORT ACHIEVES MAJOR MILESTONE WITH HANDLING OF 53,000MT VESSEL

13.   VESSELS CARRYING MIDDLE EAST OIL, LNG EXIT HORMUZ, HEAD FOR PAKISTAN, CHINA

14.   NEW DUBAI CUSTOMS SYSTEM TO SPEED UP CARGO CHECKS WITH PRE-DEPARTURE SHIPMENT DATA: DUBAI CUSTOMS LAUNCHES TRADE AND LOGISTICS RESEARCH CENTRE WITH UNIVERSITY OF DUBAI TO STRENGTHEN THE EMIRATE’S POSITION AS A GLOBAL HUB FOR TRADE, SUPPLY CHAINS, AND LOGISTICS

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