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FBR Intensifies Recovery Drive Amid Rs683B Shortfall

05-May-2026
The Federal Board of Revenue (FBR) has initiated a series of enforcement-driven measures to strengthen revenue collection amid a reported shortfall of Rs683 billion in the მიმდინარე ...
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FBR Intensifies Recovery Drive Amid Rs683B Shortfall

OGRA Reviews Gas Tariff Hike, UFG Reduction Plan

05-May-2026
The Oil and Gas Regulatory Authority (OGRA) is currently evaluating proposals to revise gas tariffs for FY2026–27, following recommendations by an independent consultant to gradually reduce unaccoun...
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OGRA Reviews Gas Tariff Hike, UFG Reduction Plan

Govt Halts PSO Hiring Ahead of Board Transition

05-May-2026
The Petroleum Division has directed Pakistan State Oil (PSO) to suspend senior-level recruitment and defer major management decisions as the tenure of its Board of Directors nears completion later thi...
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Govt Halts PSO Hiring Ahead of Board Transition

Banks Cut Private Lending, Increase Govt Exposure

05-May-2026
Pakistan’s banking sector has scaled back its exposure to private sector lending, with advances constituting only 22% of total assets as of March 2026, reflecting a growing preference for financing ...
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Banks Cut Private Lending, Increase Govt Exposure

Senate Cancels Rs26B Highway Bid Over Irregularities

05-May-2026
The Senate Standing Committee on Economic Affairs, chaired by Saifullah Abro, has declared the bidding process for the Rs26 billion Nowshera-Chitral highway project invalid, citing irregularities, and...
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Senate Cancels Rs26B Highway Bid Over Irregularities

KP Cabinet Approves Wheat Purchase, Reforms and Funding

04-May-2026
The Khyber Pakhtunkhwa cabinet has approved the procurement of 225,000 metric tonnes of wheat from public sector growers at a support price of Rs3,500 per 40 kilogrammes, with a total financial commit...
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KP Cabinet Approves Wheat Purchase, Reforms and Funding

KP Excise Revenue Rises 19% in Nine Months

04-May-2026
The Khyber Pakhtunkhwa Excise and Taxation Department recorded revenue collection of Rs5.136 billion during the first nine months of the current fiscal year, reflecting a 19% increase compared to the ...
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KP Excise Revenue Rises 19% in Nine Months

Flour Prices Rise Sharply Across Major Cities

04-May-2026
Flour prices have risen across major cities during the past week, with the price of a 20kg bag increasing by as much as Rs200, according to figures released by the Pakistan Bureau of Statistics.Karach...
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Flour Prices Rise Sharply Across Major Cities

APTMA Proposes Tax Cuts, Reforms for Textile Sector Growth

04-May-2026
The All Pakistan Textile Mills Association (APTMA) has put forward its budget proposals for FY2026–27, advocating tax relief measures, tariff rationalisation, and structural reforms aimed at enhanci...
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APTMA Proposes Tax Cuts, Reforms for Textile Sector Growth

Netsol Proposes ESOS and Treasury Share Sale to Employees

04-May-2026
Netsol Technologies Limited has proposed the introduction of an employee share option scheme (ESOS) along with the sale of treasury shares to employees, as disclosed in a filing submitted to the Pakis...
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Netsol Proposes ESOS and Treasury Share Sale to Employees
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