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NEPRA May Cut Electricity Prices by Rs1.93 Per Unit

20-May-2026
Electricity consumers across Pakistan may receive tariff relief as the National Electric Power Regulatory Authority considers a proposed reduction of ₨1.93 per unit under the quarterly adjustment me...
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NEPRA May Cut Electricity Prices by Rs1.93 Per Unit

Pakistan Pushes 1% GST for Electric Vehicles Instead

20-May-2026
The Ministry of Industries and Production has opposed the International Monetary Fund proposal to impose 18% General Sales Tax on electric vehicles and has instead recommended a concessional 1% GST re...
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Pakistan Pushes 1% GST for Electric Vehicles Instead

FBR Orders Tax Offices Open on Weekend Days

20-May-2026
The Federal Board of Revenue has instructed all field formations nationwide to remain operational on Saturday and Sunday, May 23 and 24, in order to facilitate taxpayers and ensure uninterrupted colle...
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FBR Orders Tax Offices Open on Weekend Days

Senate Committee Raises Concerns Over Pakistan’s Rising Debt

20-May-2026
The Senate Standing Committee on Finance and Revenue expressed serious concern regarding Pakistan’s expanding public debt burden while reviewing proposed legislative amendments intended to strengthe...
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Senate Committee Raises Concerns Over Pakistan’s Rising Debt

Senate Panel Approves Extended EV Customs Duty Concessions

20-May-2026
The Senate Standing Committee on Finance and Revenue has approved the Customs (Amendment) Bill, 2026, introducing amendments intended to operationalise fiscal provisions under the Automotive Industry ...
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Senate Panel Approves Extended EV Customs Duty Concessions

Idrees Textile Mills Cuts Production Amid Cotton Supply Issues

19-May-2026
Idrees Textile Mills Limited has announced a temporary reduction in manufacturing operations due to escalating raw material costs, limited domestic cotton availability, and delays in imported cotton c...
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Idrees Textile Mills Cuts Production Amid Cotton Supply Issues

Government Exceeds PIB Auction Target With ₨651.8 Billion Raise

19-May-2026
The federal government successfully mobilised ₨651.8 billion through the latest auction of Pakistan Investment Bonds, substantially exceeding its initial target of ₨350 billion, according to aucti...
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Government Exceeds PIB Auction Target With ₨651.8 Billion Raise

National Assembly Passes Banking and Airports Reform Bills

19-May-2026
The National Assembly of Pakistan has approved the Financial Institutions (Recovery of Finances) Amendment Bill, 2026 and the Pakistan Airports Authority (Amendment) Bill, 2026, introducing legislativ...
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National Assembly Passes Banking and Airports Reform Bills

SECP Issues Pakistan’s First Digital Takaful Licence

19-May-2026
The Securities and Exchange Commission of Pakistan has granted Pakistan’s first Shariah-compliant digital general takaful operator licence to First Digital Takaful Company Limited, alongside the cou...
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SECP Issues Pakistan’s First Digital Takaful Licence

Balochistan Traders Demand Probe Into Lakpass Warehouse Fire

16-May-2026
Business and transport sector representatives in Balochistan on Thursday called for a comprehensive high-level inquiry into the large-scale fire that destroyed the Lakpass Customs post warehouse near ...
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Balochistan Traders Demand Probe Into Lakpass Warehouse Fire
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