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SBP Announces Eid-ul-Adha Holiday Closure Dates

22-May-2026
The State Bank of Pakistan has officially announced that all of its offices will remain closed from May 26 to May 28, 2026, in observance of the Eid-ul-Adha public holidays.According to the central ba...
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SBP Announces Eid-ul-Adha Holiday Closure Dates

Power Division Orders Fast Clearance of Solar Net-Metering Cases

22-May-2026
The Power Division has directed electricity distribution companies to clear a backlog of 1,355 pending solar net-metering applications within a period of 10 days after taking notice of prolonged delay...
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Power Division Orders Fast Clearance of Solar Net-Metering Cases

FBR Penalises Gerry’s Dnata Over Customs Clearance Fraud

21-May-2026
The district administration in Hub has officially fixed the retail price of Iranian petrol at ₨250 per litre throughout the district as part of administrative measures aimed at regulating fuel prici...
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FBR Penalises Gerry’s Dnata Over Customs Clearance Fraud

Hub Administration Fixes Iranian Petrol Price at ₨250

21-May-2026
The district administration in Hub has officially fixed the retail price of Iranian petrol at ₨250 per litre throughout the district as part of administrative measures aimed at regulating fuel prici...
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Hub Administration Fixes Iranian Petrol Price at ₨250

NEPRA May Cut Electricity Prices by Rs1.93 Per Unit

20-May-2026
Electricity consumers across Pakistan may receive tariff relief as the National Electric Power Regulatory Authority considers a proposed reduction of ₨1.93 per unit under the quarterly adjustment me...
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NEPRA May Cut Electricity Prices by Rs1.93 Per Unit

Pakistan Pushes 1% GST for Electric Vehicles Instead

20-May-2026
The Ministry of Industries and Production has opposed the International Monetary Fund proposal to impose 18% General Sales Tax on electric vehicles and has instead recommended a concessional 1% GST re...
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Pakistan Pushes 1% GST for Electric Vehicles Instead

FBR Orders Tax Offices Open on Weekend Days

20-May-2026
The Federal Board of Revenue has instructed all field formations nationwide to remain operational on Saturday and Sunday, May 23 and 24, in order to facilitate taxpayers and ensure uninterrupted colle...
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FBR Orders Tax Offices Open on Weekend Days

Senate Committee Raises Concerns Over Pakistan’s Rising Debt

20-May-2026
The Senate Standing Committee on Finance and Revenue expressed serious concern regarding Pakistan’s expanding public debt burden while reviewing proposed legislative amendments intended to strengthe...
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Senate Committee Raises Concerns Over Pakistan’s Rising Debt

Senate Panel Approves Extended EV Customs Duty Concessions

20-May-2026
The Senate Standing Committee on Finance and Revenue has approved the Customs (Amendment) Bill, 2026, introducing amendments intended to operationalise fiscal provisions under the Automotive Industry ...
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Senate Panel Approves Extended EV Customs Duty Concessions

Idrees Textile Mills Cuts Production Amid Cotton Supply Issues

19-May-2026
Idrees Textile Mills Limited has announced a temporary reduction in manufacturing operations due to escalating raw material costs, limited domestic cotton availability, and delays in imported cotton c...
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Idrees Textile Mills Cuts Production Amid Cotton Supply Issues
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