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Petrol prices rise by Rs3.34 for 19 August

19-Aug-2026

ISLAMABAD: The federal government has raised the price of High-Speed Diesel (HSD) by Rs5.27 per litre and petrol by Rs3.34 per litre for August 19, 2026, under the revised daily petroleum pricing mech...

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Petrol prices rise by Rs3.34 for 19 August

Senate Panel Proposes Closure of 25 Federal Ministries

18-Aug-2026

ISLAMABAD: A Senate Subcommittee on Devolution, chaired by PPP Senator Barrister Zamir Hussain Ghumro, has directed the federal government to consider shutting down 25 ministries and devolving or tran...

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Senate Panel Proposes Closure of 25 Federal Ministries

SBP Cancels Al-Rahim Exchange Company License

18-Aug-2026

KARACHI: The State Bank of Pakistan (SBP) has revoked the authorization of Al-Rahim Exchange Company (Pvt.) Limited with immediate effect, citing serious breaches of the central bank’s regulatory re...

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SBP Cancels Al-Rahim Exchange Company License

Petrol Prices Jump by Rs5.77 per litre for 18 august

18-Aug-2026

ISLAMABAD: Petroleum consumers are set to pay more from Tuesday after the federal government approved another increase in fuel prices, raising petrol by Rs5.77 per litre and High Speed Diesel (HSD) by...

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Petrol Prices Jump by Rs5.77 per litre for 18 august

FCC Allows Tax Credits to Offset Super Tax

18-Aug-2026

ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that companies are legally entitled to use eligible tax credits to offset their super tax liabilities, overturning an earlier decision of th...

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FCC Allows Tax Credits to Offset Super Tax

Electricity Tariff May Rise by Rs2.50 Per Unit

18-Aug-2026

ISLAMABAD: Electricity consumers may face an increase of approximately Rs2.50 per unit in tariffs for July 2026 as the government seeks to recover more than Rs34 billion from consumers of distribution...

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Electricity Tariff May Rise by Rs2.50 Per Unit

FBR Demonstrates New Tax Return Features to KTBA

18-Aug-2026

KARACHI: The Federal Board of Revenue (FBR) Domain Team has demonstrated several features of the income tax return filing system to representatives of the Karachi Tax Bar Association (KTBA), including...

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FBR Demonstrates New Tax Return Features to KTBA

Punjab Abolishes 101 BS-17 Section Officer Posts

16-Aug-2026

LAHORE: The Punjab government has eliminated 101 posts of Section Officers (BS-17) across multiple provincial administrative departments and the South Punjab Secretariat, The News reported, citing a n...

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Punjab Abolishes 101 BS-17 Section Officer Posts

Punjab Grocers Reject Rs2 Per Kg Profit Margin

16-Aug-2026

LAHORE: A new disagreement has emerged between the Punjab Grocery Merchants Association (PGMA) and the provincial government over a proposed fixed profit margin of only Rs2 per kilogramme on grocery p...

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Punjab Grocers Reject Rs2 Per Kg Profit Margin

Federal Government Begins Defined Contribution Pension Scheme

16-Aug-2026

ISLAMABAD: The Ministry of Finance has instructed all federal ministries and divisions to begin implementing the Federal Government Defined Contribution (DC) Pension Fund Scheme-2024, signaling that t...

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Federal Government Begins Defined Contribution Pension Scheme

Latest Updates

Petrol prices rise by Rs3.34 for 19 August

Senate Panel Proposes Closure of 25 Federal Ministries

SBP Cancels Al-Rahim Exchange Company License

Petrol Prices Jump by Rs5.77 per litre for 18 august

FCC Allows Tax Credits to Offset Super Tax

Electricity Tariff May Rise by Rs2.50 Per Unit

FBR Demonstrates New Tax Return Features to KTBA

Punjab Abolishes 101 BS-17 Section Officer Posts

Punjab Grocers Reject Rs2 Per Kg Profit Margin

Federal Government Begins Defined Contribution Pension Scheme

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