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Punjab Cotton Area Falls Below 1966-67 Level

02-Jun-2026

Punjab’s cotton cultivation area has declined to approximately 2.71 million acres during the 2026-27 crop season, remaining below both the provincial target of 3.2 million acres and the 2.964 millio...

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Punjab Cotton Area Falls Below 1966-67 Level

Crescent Fibres Approves Sale of Spinning Unit-I Assets

02-Jun-2026

Shareholders of Crescent Fibres Limited have formally approved the sale and disposal of all plant, machinery, equipment, stores, and related assets comprising the company’s Spinning Unit-I situated ...

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Crescent Fibres Approves Sale of Spinning Unit-I Assets

FIA Probes ₨10 Billion Petroleum Irregularities Case

26-May-2026

The Federal Investigation Agency has initiated multiple inquiries into alleged irregularities relating to petroleum storage licences, fuel stock disclosures, and Price Differential Claims (PDCs) colle...

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FIA Probes ₨10 Billion Petroleum Irregularities Case

FPCCI Releases Alternative Economic And Tax Reform Framework

26-May-2026

The Federation of Pakistan Chambers of Commerce and Industry has unveiled four independent “shadow” policy studies presenting an alternative economic framework aimed at accelerating economic growt...

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FPCCI Releases Alternative Economic And Tax Reform Framework

Report Warns Against Pakistan’s High Mobile Tax Burden

26-May-2026

Global consultancy Frontier Economics has warned that Pakistan’s cumulative tax burden on mobile services, estimated at 37%, ranks among the highest internationally and is negatively affecting mobil...

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Report Warns Against Pakistan’s High Mobile Tax Burden

SHC Acquits Former NBP President in Hascol Case

26-May-2026

The Sindh High Court has acquitted former National Bank of Pakistan president Syed Ahmed Iqbal Ashraf in the ₨54 billion Hascol financing case after observing that a substantial number of individual...

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SHC Acquits Former NBP President in Hascol Case

LHC Petition Challenges Punjab Agricultural Tax Increase

25-May-2026

A constitutional petition has been filed before the Lahore High Court challenging the Punjab government’s decision to increase agricultural income tax rates, with petitioners alleging that the revis...

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LHC Petition Challenges Punjab Agricultural Tax Increase

President Rejects FBR Demand for Surety Bonds

25-May-2026

Asif Ali Zardari has dismissed a representation filed by the Federal Board of Revenue against the Federal Tax Ombudsman, rejecting the tax authority’s position that taxpayers should be required to f...

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President Rejects FBR Demand for Surety Bonds

Government Nears Deal on Retailers’ Fixed Tax Scheme

25-May-2026

The federal government and representatives of the trader community are reportedly nearing consensus on a proposed simplified fixed tax regime for retailers, which is expected to form part of the Finan...

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Government Nears Deal on Retailers’ Fixed Tax Scheme

Main Suspect Arrested in ₨1.4 Billion Housing Fraud Case

25-May-2026

The principal accused in a multi-billion-rupee housing fraud investigation has been arrested in the United Arab Emirates following an international operation conducted through coordination betwe...

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Main Suspect Arrested in ₨1.4 Billion Housing Fraud Case

Latest Updates

Punjab Cotton Area Falls Below 1966-67 Level

Crescent Fibres Approves Sale of Spinning Unit-I Assets

FIA Probes ₨10 Billion Petroleum Irregularities Case

FPCCI Releases Alternative Economic And Tax Reform Framework

Report Warns Against Pakistan’s High Mobile Tax Burden

SHC Acquits Former NBP President in Hascol Case

LHC Petition Challenges Punjab Agricultural Tax Increase

President Rejects FBR Demand for Surety Bonds

Government Nears Deal on Retailers’ Fixed Tax Scheme

Main Suspect Arrested in ₨1.4 Billion Housing Fraud Case

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