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NEPRA Delays Rs0.37/Unit FCA Cut Decision

29-Oct-2025
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has postponed its ruling on a negative fuel charge adjustment (FCA) of Rs0.3681 per unit for September 2025, following a Wednesday p...
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NEPRA Delays Rs0.37/Unit FCA Cut Decision

SECP to Revamp Cost Audit Framework with ICAP/ICMAP Input

29-Oct-2025
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) launched a pivotal Consultation Paper in January 2025 to overhaul the cost audit framework, sparking extensive stakeholder input an...
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SECP to Revamp Cost Audit Framework with ICAP/ICMAP Input

FBR Requires Tax Stamps on Cement Bags from Nov 1

28-Oct-2025
ISLAMABAD: The Federal Board of Revenue (FBR) has mandated that cement bags can only be cleared from production sites or manufacturing plants if affixed with tax stamps, effective November 1, 2025.Iss...
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FBR Requires Tax Stamps on Cement Bags from Nov 1

FTO Orders FBR Helpline Overhaul Amid Tax System Failures

28-Oct-2025
ISLAMABAD: Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah has lambasted the Federal Board of Revenue (FBR) and its IT arm, Pakistan Revenue Automation (Private) Limited (PRAL), for gross maladminist...
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FTO Orders FBR Helpline Overhaul Amid Tax System Failures

Food Sector Circular Debt Soars to Rs325.6B

28-Oct-2025
ISLAMABAD: Pakistan’s food sector reels under a crushing financial crisis, with circular debt ballooning to Rs325.6 billion, per The News, citing Trading Corporation of Pakistan (TCP) data.As of Sep...
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Food Sector Circular Debt Soars to Rs325.6B

1.7M Filers Report Zero Income, FBR Preps Audits

28-Oct-2025
ISLAMABAD: A staggering 1.7 million individuals—nearly one-third of all return filers—have declared zero taxable income for the current fiscal year, igniting alarm at the Federal Board of Revenue ...
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1.7M Filers Report Zero Income, FBR Preps Audits

PSO Q1 Profit Explodes 502% to Rs11.2B

28-Oct-2025
KARACHI: Pakistan State Oil (PSO), Pakistan’s dominant oil marketing giant (PSX: PSO), has unleashed a staggering consolidated profit after tax of Rs11.2 billion for the quarter ended September 30, ...
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PSO Q1 Profit Explodes 502% to Rs11.2B

SBP Keeps Rate at 11%, Eyes 3.25–4.25% FY26 Growth

27-Oct-2025
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) resolved to keep the key policy rate steady at 11% during its Monday meeting, deftly balancing the need to fuel acceler...
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SBP Keeps Rate at 11%, Eyes 3.25–4.25% FY26 Growth

CM Orders Probe into KDA’s Rs11.33B Irregular Contracts

27-Oct-2025
KARACHI: Chief Minister Murad Ali Shah has mandated a high-level inquiry into the Karachi Development Authority (KDA) for awarding Rs11.33 billion in contracts without mandatory tendering, as reported...
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CM Orders Probe into KDA’s Rs11.33B Irregular Contracts

PRA Tribunal Exempts Plot Sales from Provincial Sales Tax

27-Oct-2025
LAHORE: The Appellate Tribunal of the Punjab Revenue Authority (PRA) has delivered a landmark ruling, declaring that sales of developed plots by real estate developers do not constitute a taxable serv...
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PRA Tribunal Exempts Plot Sales from Provincial Sales Tax
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