Nepra has raised a red flag over how mismanagement in Pakistan’s power sector is unfairly costing electricity consumers. The regulator says that several major power and transmission projects are running far below their potential, yet people are still paying as if they’re working at full Read More...
The Federal Board of Revenue (FBR) is facing serious criticism after failing to explain its actions to the Federal Tax Ombudsman (FTO), following a complaint that its online business integration drive is both expensive and possibly violating privacy laws.
This all started with a taxpayer Read More...
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The Securities and Exchange Commission of Pakistan (SECP) has proposed a plan to revive and modernise the centuries-old Islamic Waqf system so it can better support today’s social and economic needs. Waqf is basically an endowment—assets set aside for charitable, religious, or educational Read More...
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Meat prices across Pakistan are hitting record highs, with both chicken and red meat being sold way above the government’s official rates — causing public frustration and putting pressure on authorities to step in. In cities like Islamabad and Rawalpindi, chicken meat is being sold at Read More...
Pakistan’s major oil refineries have officially asked the National Assembly’s Standing Committee on Finance & Revenue to intervene after recent tax policy changes hit their operations hard. According to The News, five major players — Pakistan Refinery Limited, National Refinery Read More...
The State Bank of Pakistan (SBP) on Friday injected a massive Rs2,943.4 billion into the financial market through two different open market operations — one using the traditional reverse repo purchase and the other via a Shariah-compliant Read More...
According to the latest data from the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) — which tracks weekly inflation — went up by 0.20% for the week ending April 3, 2025. The SPI rose to 319.79 points, slightly Read More...
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The Directorate General of Customs Valuation in Karachi has released fresh customs valuation rules for 189 different types of old and used auto parts, including high-demand items like engines, gearboxes, AC compressors, dashboards, and many others. These updated Read More...
The Pakistan Stock Exchange (PSX) kept up its explosive momentum on Friday as the KSE-100 Index smashed past the 120,000 mark for the first time ever. Investor enthusiasm remained high after the government’s announcement of a massive electricity tariff Read More...
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The Ministry of Finance has raised a red flag over Pakistan’s ballooning circular debt, which has surged to Rs4,700 billion as of December 2024 — a serious threat to the country’s financial stability. Out of this, Rs2,400 billion is tied to the Read More...
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