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Govt Orders Return of Unused Funds Ahead of Budget

04-May-2026
The Ministry of Finance has instructed all ministries, divisions, departments, and autonomous bodies to return unutilised funds within a 10-day timeframe to facilitate the finalisation of revised esti...
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Govt Orders Return of Unused Funds Ahead of Budget

Court Limits Super Tax Application on Exempt Income

02-May-2026
The Federal Constitutional Court (FCC) has held that super tax constitutes an additional levy on income and cannot be applied to income streams that are exempt under the Income Tax Ordinance, 2001.Acc...
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Court Limits Super Tax Application on Exempt Income

KP Probes Rs300M Contract Award to Debarred Firm

02-May-2026
The Khyber Pakhtunkhwa Local Government Department has initiated an inquiry after a previously debarred company was awarded a contract valued at approximately Rs300 million for a street lighting proje...
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KP Probes Rs300M Contract Award to Debarred Firm

FBR Processes Pending Refund After FTO Intervention

02-May-2026
The Islamabad field formation of the Federal Board of Revenue (FBR) has processed a long-outstanding tax refund within a three-week period following directives issued by Federal Tax Ombudsman Zafar ul...
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FBR Processes Pending Refund After FTO Intervention

FBR Files FIR in Rs7.5B Pharma Money Laundering Case

02-May-2026
The Directorate of Intelligence and Investigation of the Federal Board of Revenue (FBR) has registered a first information report (FIR) alleging money laundering against a Karachi-based pharmaceutical...
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FBR Files FIR in Rs7.5B Pharma Money Laundering Case

Fuel Prices Revised: Kerosene Down, Diesel and Petrol Up

02-May-2026
The government has revised petroleum product prices, reducing kerosene rates while increasing the price of light diesel oil in response to fluctuations in international oil markets and exchange rate p...
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Fuel Prices Revised: Kerosene Down, Diesel and Petrol Up

Petroleum Pricing Gap Raises Refinery Profits, Consumer Costs

01-May-2026
A pricing distortion within Pakistan’s petroleum pricing framework has led to substantial windfall gains for domestic refineries, while transferring elevated costs to end-consumers, despite a recent...
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Petroleum Pricing Gap Raises Refinery Profits, Consumer Costs

Pakistan Mobile Production Rises 20% in March 2026

01-May-2026
Pakistan’s mobile phone manufacturing and assembly recorded a 20 per cent year-on-year increase in March 2026, with total production reaching 2.79 million units, according to figures released by the...
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Pakistan Mobile Production Rises 20% in March 2026

Govt Cuts Passport Time, Introduces Cashless System

01-May-2026
The federal government has approved a series of reforms aimed at enhancing the passport issuance process, focusing on reducing turnaround times and implementing a nationwide cashless payment system ac...
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Govt Cuts Passport Time, Introduces Cashless System

Balochistan Imposes Section 144 to Control Wheat Movement

01-May-2026
The Government of Balochistan has enforced Section 144 across border districts to curb the movement of wheat and address concerns related to smuggling and hoarding, according to official statements.As...
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Balochistan Imposes Section 144 to Control Wheat Movement
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