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Rs1.225T Power Debt Resolved, No Consumer Burden

25-Sep-2025
On Thursday, the Ministry of Finance declared that the Rs 1.225 trillion power sector circular debt agreement with 18 banks will impose no additional burden on consumers, as repayments will be covered...
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Rs1.225T Power Debt Resolved, No Consumer Burden

FBR Probes Lavish Lifestyles via Social Media

24-Sep-2025
KARACHI: A lavish wedding featuring diamond sets and a drone light show, costing nearly $1 million, has become key evidence for Pakistan’s tax authorities under the newly established Lifestyle Monit...
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FBR Probes Lavish Lifestyles via Social Media

PAC Orders Rs2T NHA Payment Plan

24-Sep-2025
The Sub-Committee of the Public Accounts Committee (PAC) has mandated the Ministry of Finance to devise a payment plan to address the National Highway Authority (NHA)’s staggering Rs2 trillion liabi...
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PAC Orders Rs2T NHA Payment Plan

NAB Refunds Rs878.7M to B4U Scam Victims

24-Sep-2025
ISLAMABAD: The National Accountability Bureau (NAB) has disbursed Rs878.7 million to over 5,000 victims of the B4U financial scam via direct online transfers, marking the largest and fastest repayment...
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NAB Refunds Rs878.7M to B4U Scam Victims

Govt Launches Mera Ghar Housing Finance Scheme

24-Sep-2025
On Wednesday, the government launched the Mera Ghar – Mera Ashiana housing finance initiative, designed to enhance access to affordable housing for Pakistanis.According to information on the State B...
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Govt Launches Mera Ghar Housing Finance Scheme

ASTL Restructures Rs22.6B Loans with Approval

24-Sep-2025
Amreli Steels Limited (ASTL) revealed on Wednesday that it has secured approval to revise the repayment terms of loans amounting to Rs 22.6 billion, obtained from various banks and financial instituti...
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ASTL Restructures Rs22.6B Loans with Approval

SNGPL Postpones 35mmcfd Allocation to UGDCL

23-Sep-2025
Sui Northern Gas Pipelines Limited (SNGPL) has deferred the allocation of 35mmcfd pipeline capacity to Universal Gas Distribution Company Ltd (UGDCL), reversing its initial approval just weeks prior, ...
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SNGPL Postpones 35mmcfd Allocation to UGDCL

K-Electric Reports Rs4.24B Profit for FY24

23-Sep-2025
K-Electric Limited (PSX: KEL) reported a robust profit of Rs 4.24 billion for the fiscal year ending June 30, 2024, a dramatic turnaround from a loss of Rs 39.48 billion in FY23.The company’s earnin...
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K-Electric Reports Rs4.24B Profit for FY24

RDA Rs2B Probe Committee Disbanded, Inquiry Stalls

22-Sep-2025
A committee tasked by the Director-General of the Rawalpindi Development Authority (RDA) to probe a suspected Rs2 billion transfer from the authority’s security account was disbanded without deliver...
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RDA Rs2B Probe Committee Disbanded, Inquiry Stalls

Withholding Tax Surges to Rs2.74T in 2023-24

22-Sep-2025
The Auditor General of Pakistan (AGP) disclosed that the withholding tax collection soared to Rs2.74 trillion in fiscal year 2023-24, primarily driven by elevated tax rates imposed on the salaried cla...
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Withholding Tax Surges to Rs2.74T in 2023-24
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