The Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, announced on Saturday the establishment of a dedicated 100-acre Seafood Processing and Export Zone at the Korangi Fisheries Harbour Authority (KoFHA), with projected private investment ranging from US$60–80 Read More...
Industry participants have raised serious objections to the prevailing gas pricing mechanism, which guarantees Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) a fixed rate of return on their regulated asset base, currently yielding an effective 21% profit margin Read More...
The federal and Sindh provincial governments have reached a consensus to expedite a broad-based rehabilitation and modernisation programme for Pakistan Railways, with priority accorded to the upgrading of the 480-kilometre Karachi–Rohri mainline at an estimated project cost of US$2 billion, Read More...
The Government of Punjab has formally approved the Wheat Policy 2026, instituting a structured Public-Private Partnership (PPP) model designed to strengthen food security, promote market equilibrium, and completely eliminate direct government expenditure on wheat procurement.
Oversight of Read More...
The Finance Division disclosed that Pakistan’s state-owned enterprises (SOEs) incurred a collective net loss of Rs122.9 billion in FY2024-25, notwithstanding aggregate revenues of approximately Rs12.4 trillion.
While profit-generating SOEs registered a 13% year-on-year decline in Read More...
The Federal Board of Revenue (FBR) has introduced a revised policy directive curtailing the permissible period for condonation of time limits in sales tax matters from three years to two years. Pursuant to this amendment, the Commissioner Inland Revenue (IR) is now authorised to grant Read More...
Data released by the State Bank of Pakistan (SBP) reveals a sharp 79% contraction in commercial bank lending to the private sector during the first half of FY26 (July–December 2025), with net disbursements amounting to only Rs395 billion compared to Rs1.871 trillion in the corresponding period Read More...
Representatives of multinational enterprises operating in Pakistan voiced significant apprehensions regarding protracted delays in tax refund disbursements, instances of alleged administrative harassment, and aggressive advance tax demands imposed by the Federal Board of Revenue (FBR). These Read More...
The Federal Board of Revenue (FBR) is formulating a comprehensive proposal aimed at rationalising customs duties and taxes applicable to mobile phone imports, in response to parliamentary concerns regarding the affordability of smartphones for the general populace.
According to official Read More...
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The Oil and Gas Regulatory Authority (OGRA) has commenced a comprehensive review of the prevailing gas pricing and rate-of-return framework, indicating a prospective transition from the existing asset-based guaranteed returns model amid progressive liberalisation of the gas market.
As Read More...
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