The federal cabinet has expressed reservations regarding the proposed introduction of polymer-based banknotes and has sought a comprehensive review of the recommendation to discontinue the Rs10 banknote, referring both matters to a cabinet committee for further scrutiny.
According to media Read More...
Pakistan’s banking sector recorded a substantial expansion in deposit mobilisation, with total deposits increasing by 23.6% on a year-on-year basis in December 2025 to Rs37.43 trillion, representing the second-highest annual growth on record. The increase was largely underpinned by a rise in Read More...
Petroleum product prices are projected to increase with effect from February 1, 2026, with significant upward revisions expected for high-speed diesel (HSD), kerosene oil, and light diesel oil, while petrol is likely to witness a marginal reduction, based on prevailing pricing Read More...
Electricity consumers across Pakistan may be exposed to another upward tariff adjustment as regulators consider a proposed increase of 48 paisa per unit under the fuel cost adjustment (FCA) for December, notwithstanding a significant rise in electricity demand, rapid expansion of solar Read More...
The Federal Board of Revenue (FBR) has accelerated enforcement and recovery of super tax following the Federal Constitutional Court’s judgment, with field formations issuing recovery notices to large corporate taxpayers and total collections projected at approximately Rs327 Read More...
The Directorate General of Customs Valuation, Karachi has officially reduced customs valuation on the import of networking equipment, including fibre broadband Wi-Fi routers, following a comprehensive reassessment of prevailing market prices and recent import data.
The revised valuation Read More...
The Supreme Court of Pakistan has conclusively held that audit objections raised by the Auditor General of Pakistan against federal or provincial government departments cannot form the legal basis for initiating audit, inspection, or enforcement proceedings against private taxpayers by tax Read More...
Consumer Price Index (CPI) inflation eased to 5.6% year-on-year in December 2025, declining from 6.1% in November, but remaining above the 4.1% level recorded in December 2024. Average inflation for the July–December period of FY2026 stood at 5.2%, significantly lower than 7.2% during the same Read More...
The Senate Standing Committee on Interior and Narcotics Control has called for the immediate suspension of arms licences held by non-tax filers and ordered a freeze on issuing new licences to individuals who do not submit tax returns, while demanding a definitive implementation Read More...
The Federal Board of Revenue (FBR) is gearing up to collect between Rs150 billion and Rs200 billion in Super Tax revenue during the January–March quarter, following the Federal Constitutional Court’s ruling that validated the tax.
According to a report by The News, citing senior Read More...
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