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Government Slashes Development Loan Mark-Up Rate

25-Jul-2026
The federal government has significantly reduced the annual mark-up rate on development loans and advances for FY2025-26 to 11.89%, compared with 17.74% in the previous fiscal year, according to a not...
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Government Slashes Development Loan Mark-Up Rate

FBR Shuts Key Online Tax Services Aug 8-10

25-Jul-2026
ISLAMABAD: The Federal Board of Revenue (FBR) has announced scheduled system maintenance from 12:30 a.m. on Saturday, August 8, 2026, until 5:00 a.m. on Monday, August 10, 2026, during which several m...
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FBR Shuts Key Online Tax Services Aug 8-10

FTO Orders FBR To Fix Refund System Flaw

25-Jul-2026
The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to urgently correct a technical defect in its FASTER sales tax refund system, warning that the issue is delaying expor...
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FTO Orders FBR To Fix Refund System Flaw

SBP Names Primary Dealers For New Fiscal Year

24-Jul-2026
KARACHI: The State Bank of Pakistan (SBP) has appointed 10 financial institutions as primary dealers and two market infrastructure companies as special-purpose primary dealers for FY2026–27, accordi...
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SBP Names Primary Dealers For New Fiscal Year

US Hits Pakistan With New Import Tariffs

24-Jul-2026
The United States on Friday imposed new tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including Pakistan, as part of a broader trade measure aimed at countries the Trump admin...
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US Hits Pakistan With New Import Tariffs

Petrol Crosses Rs331 As Prices Rise

24-Jul-2026
ISLAMABAD: The federal government on Thursday announced another increase in fuel prices under the revised daily petroleum pricing mechanism, raising petrol by Rs4.40 per litre and high-speed diesel (H...
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Petrol Crosses Rs331 As Prices Rise

FIA Arrests Three Alleged BISP Fraud Suspects

24-Jul-2026
The Federal Investigation Agency (FIA) has arrested three individuals in Hyderabad accused of defrauding beneficiaries of the Benazir Income Support Programme (BISP).According to an FIA official, Rash...
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FIA Arrests Three Alleged BISP Fraud Suspects

Pakistan Bonds Fall After New US Tariffs

24-Jul-2026
Pakistan’s international sovereign bonds weakened on Friday after US President Donald Trump unveiled a new round of tariffs on imports from 60 trading partners, sparking a wider sell-off across emer...
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Pakistan Bonds Fall After New US Tariffs

Discos Overbilled Consumers By Rs47 Billion

24-Jul-2026
Power distribution companies overbilled 278,649 electricity consumers by Rs47 billion in a single month to mask electricity theft, operational inefficiencies, and line losses, audit officials informed...
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Discos Overbilled Consumers By Rs47 Billion

Pakistan Housing Finance Portfolio Crosses Rs293 Billion

24-Jul-2026
Pakistan’s housing finance portfolio has exceeded Rs293 billion, benefiting 65,414 borrowers as of June 30, 2026. According to State Bank of Pakistan (SBP) officials, commercial banks contributed Rs...
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Pakistan Housing Finance Portfolio Crosses Rs293 Billion
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