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Lahore Retail Prices Continue to Exceed Official Rates

13-Jul-2026
Consumers in Lahore continued to pay significantly higher prices for essential food items than those notified by the government, as many retailers reportedly ignored official price lists despite recen...
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Lahore Retail Prices Continue to Exceed Official Rates

Standard Chartered Pakistan Appoints New Incoming CEO

13-Jul-2026
Standard Chartered Bank (Pakistan) Limited has approved the appointment of Adil Salahuddin as its incoming Chief Executive Officer (CEO) and director, succeeding Rehan Shaikh, subject to the receipt o...
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Standard Chartered Pakistan Appoints New Incoming CEO

Toyota Pakistan Raises Prices of Imported Premium Models

13-Jul-2026
Toyota Pakistan has revised the retail prices of its imported Land Cruiser, Prado, and Camry models following the implementation of additional Special Excise Duty (SED) under the Finance Act, 2026.Acc...
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Toyota Pakistan Raises Prices of Imported Premium Models

Senate Panel Approves Blue Passport Bill for MPs’ Children

11-Jul-2026
The Senate Standing Committee on Interior and Narcotics Control has unanimously approved the Members of Parliament Salaries and Allowances (Amendment) Bill, 2026, proposing that dependent children of ...
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Senate Panel Approves Blue Passport Bill for MPs’ Children

Government Raises Petrol and Diesel Prices by Over Rs13

11-Jul-2026
The federal government has announced a substantial increase in the prices of petroleum products, raising the ex-depot rates of both Motor Spirit (petrol) and High-Speed Diesel (HSD) for a one-week per...
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Government Raises Petrol and Diesel Prices by Over Rs13

Senate Reviews Policy on Non-Custom-Paid Vehicle Allocation

11-Jul-2026
The Senate Standing Committee on Interior and Narcotics Control examined the existing policy relating to the allocation of non-custom-paid and tampered vehicles to various government departments durin...
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Senate Reviews Policy on Non-Custom-Paid Vehicle Allocation

FBR Targets Rs4.735 Trillion in Sales Tax Collection

11-Jul-2026
The Federal Board of Revenue (FBR) has projected Rs4.735 trillion in sales tax collections for FY2026-27, anticipating that stronger large-scale manufacturing (LSM), increased consumer demand, and hig...
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FBR Targets Rs4.735 Trillion in Sales Tax Collection

Senate Questions FBR Over Rs250 Million Cigarette Case

11-Jul-2026
The Senate Standing Committee on Interior and Narcotics Control has voiced strong concerns over the Federal Board of Revenue’s (FBR) handling of the alleged disappearance of cigarettes valued at app...
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Senate Questions FBR Over Rs250 Million Cigarette Case

Government Imposes 25% Sales Tax on Hybrid Vehicles

10-Jul-2026
The federal government has imposed a 25% sales tax on the import and local supply of hybrid vehicles with effect from July 1, 2026, following the expiry of the sales tax exemption that remained availa...
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Government Imposes 25% Sales Tax on Hybrid Vehicles

FBR Blocks Rs6 Billion Refunds Over Non-Compliance

10-Jul-2026
For the first time, the Federal Board of Revenue (FBR) has withheld sales tax refunds exceeding Rs6 billion from taxpayers who failed to comply with mandatory digital monitoring requirements, includin...
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FBR Blocks Rs6 Billion Refunds Over Non-Compliance
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