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Two PAS Officers Transferred To OGRA On Deputation

04-Jun-2026
The federal government has transferred two senior officers of the Pakistan Administrative Service (PAS) to the Oil and Gas Regulatory Authority on deputation, pursuant to separate notifications issued...
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Two PAS Officers Transferred To OGRA On Deputation

PM Reviews Tariff Reforms To Boost Growth

04-Jun-2026
During a high-level review of economic performance and implementation of the National Tariff Policy 2025-30, Prime Minister Shehbaz Sharif was informed that customs duty concessions are being introduc...
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PM Reviews Tariff Reforms To Boost Growth

Idrees Textile Approves Diversification And Expansion Strategy

02-Jun-2026
Idrees Textile Mills Limited has announced a strategic business diversification and operational modernisation plan aimed at strengthening profitability, improving cash generation, and enhancing the co...
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Idrees Textile Approves Diversification And Expansion Strategy

Punjab Cotton Area Falls Below 1966-67 Level

02-Jun-2026
Punjab’s cotton cultivation area has declined to approximately 2.71 million acres during the 2026-27 crop season, remaining below both the provincial target of 3.2 million acres and the 2.964 millio...
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Punjab Cotton Area Falls Below 1966-67 Level

Crescent Fibres Approves Sale of Spinning Unit-I Assets

02-Jun-2026
Shareholders of Crescent Fibres Limited have formally approved the sale and disposal of all plant, machinery, equipment, stores, and related assets comprising the company’s Spinning Unit-I situated ...
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Crescent Fibres Approves Sale of Spinning Unit-I Assets

FIA Probes ₨10 Billion Petroleum Irregularities Case

26-May-2026
The Federal Investigation Agency has initiated multiple inquiries into alleged irregularities relating to petroleum storage licences, fuel stock disclosures, and Price Differential Claims (PDCs) colle...
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FIA Probes ₨10 Billion Petroleum Irregularities Case

FPCCI Releases Alternative Economic And Tax Reform Framework

26-May-2026
The Federation of Pakistan Chambers of Commerce and Industry has unveiled four independent “shadow” policy studies presenting an alternative economic framework aimed at accelerating economic growt...
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FPCCI Releases Alternative Economic And Tax Reform Framework

Report Warns Against Pakistan’s High Mobile Tax Burden

26-May-2026
Global consultancy Frontier Economics has warned that Pakistan’s cumulative tax burden on mobile services, estimated at 37%, ranks among the highest internationally and is negatively affecting mobil...
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Report Warns Against Pakistan’s High Mobile Tax Burden

SHC Acquits Former NBP President in Hascol Case

26-May-2026
The Sindh High Court has acquitted former National Bank of Pakistan president Syed Ahmed Iqbal Ashraf in the ₨54 billion Hascol financing case after observing that a substantial number of individual...
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SHC Acquits Former NBP President in Hascol Case

LHC Petition Challenges Punjab Agricultural Tax Increase

25-May-2026
A constitutional petition has been filed before the Lahore High Court challenging the Punjab government’s decision to increase agricultural income tax rates, with petitioners alleging that the revis...
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LHC Petition Challenges Punjab Agricultural Tax Increase
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