ISLAMABAD: The Economic Coordination Committee (ECC) is poised to approve a crushing profit margin hike for Oil Marketing Companies (OMCs) and petroleum dealers, potentially jacking up petrol/diesel prices by Rs2.40/litre and hammering already crushed consumers. Sources reveal the Tuesday, Read More...
ISLAMABAD: FBR on Monday admitted thousands of taxpayers got fake SMS threats demanding Tax Year 2025 returns before September 30 — messages FBR never authorised. A technical meltdown at telecom operators triggered the bogus alerts. FBR had legitimately asked PTA on September 15 to send real Read More...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has blasted the tax chaos strangling the insurance sector, warning double taxation and provincial-federal mismatches are jacking up costs and killing competition. CCP demands SECP impose ironclad oversight — especially on reinsurance — Read More...
ISLAMABAD: The government has unleashed Rs200 billion in loans for young entrepreneurs this year under the Prime Minister’s Youth Program, a massive firepower injection to ignite startups and unlock economic opportunities for Pakistan’s youth, Chairman Rana Mashhood Khan declared Wednesday Read More...
In a strategic administrative restructuring directed by Punjab Revenue Authority (PRA) Chairman Mr. Moazzam Iqbal Sipra, several key leadership positions have been reshuffled with immediate effect.
Mr. Fakhar-ul-Islam Dogar has been appointed as Commissioner, PRA Multan Division. Mr. Aftab Read More...
ISLAMABAD: On PM Shehbaz Sharif’s direct orders, FBR has unleashed a nationwide crackdown on cigarette tax evaders, filing five FIRs and seizing massive non-stamped Read More...
ISLAMABAD: Gas supply to Sindh & Balochistan via SSGC has collapsed 55% in just eight years — from 1,192 MMSCFD in FY18 to a shocking 640 MMSCFD this year — as local fields bleed out and crisis deepens. Year-by-year bloodbath: 1,155 → 1,100 → 984 → 921 → 840 → 732 → 730 → Read More...
KARACHI: SBP is going all-in on digital payments because PayPak — holding 25%+ of 53M debit cards — is stuck at a pathetic 6% usage, Governor Jameel Ahmad revealed Tuesday. He blamed zero global/e-commerce acceptance, weak marketing, and the cheap-card stigma. Speaking at Faysal Bank’s Read More...
ISLAMABAD: November CPI hit 6.1% YoY — above MoF’s 5–6% forecast and up from 4.9% last November, PBS data confirmed Monday. From 6.2% in October, inflation eased slightly but still rose 0.4% MoM vs 1.8% last month. Urban +6.1% YoY, rural +6.3% YoY. Jul–Nov FY26 average now 5.01%, sharply Read More...
PESHAWAR: FBR has sealed the factories of Indus Tobacco and Souvenir Tobacco in Mardan after raids uncovered massive non-duty-paid & non-track-and-trace cigarette production, slapping Rule 28A(6) penalties. On Nov 3, I&I-IR Peshawar stormed a secret godown, seizing 200 cartons of fake Read More...
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