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Pakistan Faces Worsening Wheat Shortage Crisis

23-Jul-2026
Pakistan is facing a worsening wheat shortage after weak procurement by provincial governments and the removal of the wheat support price mechanism reduced public grain stocks, increasing concerns tha...
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Pakistan Faces Worsening Wheat Shortage Crisis

Petrol Pump Owners Delay Nationwide Strike

23-Jul-2026
The All Pakistan Petroleum Pump Owners Association (APPPOA) has called off its planned nationwide strike for two weeks after the federal government agreed to review petrol dealers’ margins and reass...
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Petrol Pump Owners Delay Nationwide Strike

Government Raises Petrol, Diesel Prices Again

23-Jul-2026
The federal government on Wednesday night announced another increase in petroleum prices, raising the rates of petrol and high-speed diesel (HSD) by Rs6.39 and Rs7.83 per litre, respectively, due to c...
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Government Raises Petrol, Diesel Prices Again

PSO Receivables Surge To Rs908.7 Billion

23-Jul-2026
Pakistan State Oil’s (PSO) outstanding receivables have climbed to Rs908.709 billion, placing further pressure on the company’s liquidity as delayed payments from the gas, power, and public sector...
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PSO Receivables Surge To Rs908.7 Billion

Government Notifies Revised BPS Salaries And Allowances

22-Jul-2026
ISLAMABAD: The federal government has officially issued notifications for revised Basic Pay Scales (BPS) and updated allowances for employees from BPS-1 to BPS-22, implementing the salary package anno...
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Government Notifies Revised BPS Salaries And Allowances

LSE SPAC-II Begins Due Diligence For Acquisition

22-Jul-2026
The Board of Directors of LSE SPAC-II Limited has appointed M/s Kreston Hyder Bhimji & Co., Chartered Accountants, to carry out due diligence on a prospective acquisition target.The appointment wa...
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LSE SPAC-II Begins Due Diligence For Acquisition

FBR Collects Rs357 Billion From Tobacco Sector

22-Jul-2026
The Federal Board of Revenue (FBR) collected Rs357 billion in federal excise duty, general sales tax, and income tax from Pakistan’s tobacco sector during FY2025-26, up from Rs315 billion recorded i...
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FBR Collects Rs357 Billion From Tobacco Sector

FBR Proposes Committees To Screen Tax Cases

22-Jul-2026
The Federal Board of Revenue (FBR) has proposed the creation of Independent Case Scrutiny Committees to stop weak or unnecessary tax cases from being taken to higher courts, according to SRO 1138(I)/2...
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FBR Proposes Committees To Screen Tax Cases

97% Expect SBP To Hold Policy Rate

21-Jul-2026
According to a survey conducted by Topline Securities, nearly 97% of market participants expect the State Bank of Pakistan (SBP) to keep its benchmark policy rate unchanged at 11.5% during the upcomin...
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97% Expect SBP To Hold Policy Rate

FBR Excludes FTA, PTA Duty Concessions From Report

21-Jul-2026
The Federal Board of Revenue (FBR) has excluded customs duty concessions provided under Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) from its Tax Expenditure Report 2026.Accor...
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FBR Excludes FTA, PTA Duty Concessions From Report
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