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Pakistan Faces Fuel Price Hike from Oct 1

29-Sep-2025
ISLAMABAD: Industry sources project a significant increase in petroleum product prices effective October 1, 2025, driven by rising global crude oil prices and a slight depreciation of the Pakistani ru...
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Pakistan Faces Fuel Price Hike from Oct 1

BBFL Plans Rs1.5B Loan-to-Equity Conversion

29-Sep-2025
LAHORE: Big Bird Foods Limited (BBFL) announced that its Board of Directors has reviewed a proposal to convert Rs1.5 billion in outstanding loans into equity.In a filing with the Pakistan Stock Exchan...
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BBFL Plans Rs1.5B Loan-to-Equity Conversion

FBR Confirms No Tax Filing Deadline Extension

29-Sep-2025
ISLAMABAD: On Monday, the Federal Board of Revenue (FBR) firmly rejected claims of an extension to the income tax return filing deadline for the 2025 tax year, reaffirming that September 30 remains th...
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FBR Confirms No Tax Filing Deadline Extension

CCoRR Approves BOI’s Regulatory Reform Package

27-Sep-2025
On Friday, the Cabinet Committee on Regulatory Reforms (CCoRR), chaired by Federal Minister for Investment Qaiser Ahmed Sheikh, approved the third quarterly Regulatory Reform Package crafted by the Bo...
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CCoRR Approves BOI’s Regulatory Reform Package

SBP Injects Rs3.21T to Boost Market Liquidity

27-Sep-2025
On Friday, the State Bank of Pakistan (SBP) injected Rs3,210.95 billion into the financial system through Reverse Repo Purchases and Shariah-compliant Modaraba-based Open Market Operations (OMO) to su...
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SBP Injects Rs3.21T to Boost Market Liquidity

Pakistan Faces Rs3.1T Tax Shortfall, IMF Briefed

27-Sep-2025
Pakistan has informed the International Monetary Fund (IMF) that it is likely to miss its Rs3.1 trillion tax collection target for the July–September quarter, with authorities projecting revenue to ...
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Pakistan Faces Rs3.1T Tax Shortfall, IMF Briefed

Rs44B Revenue Lost to Exporter Tax Exemptions

27-Sep-2025
Duties and tax exemptions extended to Pakistani exporters under various schemes led to an estimated revenue loss of nearly Rs44 billion for the national exchequer during 2023-24, according to the Fede...
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Rs44B Revenue Lost to Exporter Tax Exemptions

Petroleum Division Targets GST Fix for $6B Refinery Upgrades

27-Sep-2025
The Petroleum Division is set to engage the International Monetary Fund (IMF) to address the general sales tax (GST) exemption on petroleum products, aiming to unlock $6 billion in refinery upgrade in...
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Petroleum Division Targets GST Fix for $6B Refinery Upgrades

2M Pakistanis Secure Jobs Abroad by 2025

25-Sep-2025
Over two million Pakistanis secured employment across more than 50 countries between 2023 and August 2025, with Saudi Arabia remaining the primary destination for overseas workers, according to offici...
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2M Pakistanis Secure Jobs Abroad by 2025

Fuel Taxes Consume One-Third of Pakistan’s Prices

25-Sep-2025
A recent report reveals that Pakistanis are shouldering nearly one-third of fuel prices in the form of taxes and levies. For every liter of petrol, Rs94.89 is attributed to taxes, while diesel carries...
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Fuel Taxes Consume One-Third of Pakistan’s Prices
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