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Senate Cancels Rs26B Highway Bid Over Irregularities

05-May-2026

The Senate Standing Committee on Economic Affairs, chaired by Saifullah Abro, has declared the bidding process for the Rs26 billion Nowshera-Chitral highway project invalid, citing irregularities, and...

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Senate Cancels Rs26B Highway Bid Over Irregularities

KP Cabinet Approves Wheat Purchase, Reforms and Funding

04-May-2026

The Khyber Pakhtunkhwa cabinet has approved the procurement of 225,000 metric tonnes of wheat from public sector growers at a support price of Rs3,500 per 40 kilogrammes, with a total financial commit...

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KP Cabinet Approves Wheat Purchase, Reforms and Funding

KP Excise Revenue Rises 19% in Nine Months

04-May-2026

The Khyber Pakhtunkhwa Excise and Taxation Department recorded revenue collection of Rs5.136 billion during the first nine months of the current fiscal year, reflecting a 19% increase compared to the ...

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KP Excise Revenue Rises 19% in Nine Months

Flour Prices Rise Sharply Across Major Cities

04-May-2026

Flour prices have risen across major cities during the past week, with the price of a 20kg bag increasing by as much as Rs200, according to figures released by the Pakistan Bureau of Statistics.Karach...

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Flour Prices Rise Sharply Across Major Cities

APTMA Proposes Tax Cuts, Reforms for Textile Sector Growth

04-May-2026

The All Pakistan Textile Mills Association (APTMA) has put forward its budget proposals for FY2026–27, advocating tax relief measures, tariff rationalisation, and structural reforms aimed at enhanci...

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APTMA Proposes Tax Cuts, Reforms for Textile Sector Growth

Netsol Proposes ESOS and Treasury Share Sale to Employees

04-May-2026

Netsol Technologies Limited has proposed the introduction of an employee share option scheme (ESOS) along with the sale of treasury shares to employees, as disclosed in a filing submitted to the Pakis...

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Netsol Proposes ESOS and Treasury Share Sale to Employees

Govt Orders Return of Unused Funds Ahead of Budget

04-May-2026

The Ministry of Finance has instructed all ministries, divisions, departments, and autonomous bodies to return unutilised funds within a 10-day timeframe to facilitate the finalisation of revised esti...

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Govt Orders Return of Unused Funds Ahead of Budget

Court Limits Super Tax Application on Exempt Income

02-May-2026

The Federal Constitutional Court (FCC) has held that super tax constitutes an additional levy on income and cannot be applied to income streams that are exempt under the Income Tax Ordinance, 2001.Acc...

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Court Limits Super Tax Application on Exempt Income

KP Probes Rs300M Contract Award to Debarred Firm

02-May-2026

The Khyber Pakhtunkhwa Local Government Department has initiated an inquiry after a previously debarred company was awarded a contract valued at approximately Rs300 million for a street lighting proje...

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KP Probes Rs300M Contract Award to Debarred Firm

FBR Processes Pending Refund After FTO Intervention

02-May-2026

The Islamabad field formation of the Federal Board of Revenue (FBR) has processed a long-outstanding tax refund within a three-week period following directives issued by Federal Tax Ombudsman Zafar ul...

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Latest Updates

Senate Cancels Rs26B Highway Bid Over Irregularities

KP Cabinet Approves Wheat Purchase, Reforms and Funding

KP Excise Revenue Rises 19% in Nine Months

Flour Prices Rise Sharply Across Major Cities

APTMA Proposes Tax Cuts, Reforms for Textile Sector Growth

Netsol Proposes ESOS and Treasury Share Sale to Employees

Govt Orders Return of Unused Funds Ahead of Budget

Court Limits Super Tax Application on Exempt Income

KP Probes Rs300M Contract Award to Debarred Firm

FBR Processes Pending Refund After FTO Intervention

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