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SBP Revokes Licence of Glaxy Exchange Over Violations

23-Jan-2026
The State Bank of Pakistan (SBP) has revoked, with immediate effect, the authorisation and licence of Glaxy Exchange (Private) Limited to operate as an authorised dealer in foreign exchange, following...
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SBP Revokes Licence of Glaxy Exchange Over Violations

Pakistan Seeks $36bn Financing to Refinance Power Debt

23-Jan-2026
The Government of Pakistan is actively engaged in negotiations with international financial institutions (IFIs) including the World Bank and Asian Development Bank, as well as with the Kingdom of Saud...
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Pakistan Seeks $36bn Financing to Refinance Power Debt

FBR Revises Used Smartphone Values – Prices Set to Fall

23-Jan-2026
The Federal Board of Revenue (FBR), through the Directorate General of Customs Valuation, Karachi, has issued Valuation Ruling No. 2035 of 2026, effective January 16, 2026, revising customs assessable...
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FBR Revises Used Smartphone Values – Prices Set to Fall

NA Passes Bill to Strengthen Tax ADR Mechanism

23-Jan-2026
The National Assembly of Pakistan has passed the Income Tax Ordinance (Third Amendment) Bill, 2026 on Thursday, introducing significant reforms to the Alternative Dispute Resolution (ADR) mechanism un...
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NA Passes Bill to Strengthen Tax ADR Mechanism

DGTO Cracks Down on Illegal Use of Trade Body Titles

22-Jan-2026
The Directorate General of Trade Organizations (DGTO), under the administrative control of the Ministry of Commerce, has issued a formal public notice warning against the unlawful adoption of protecte...
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DGTO Cracks Down on Illegal Use of Trade Body Titles

T-Bill Yields Fall Below 10%, Signal SBP Rate Cut

22-Jan-2026
The federal government successfully raised Rs725.7 billion through its latest treasury bills (T-bills) auction conducted on Wednesday, with cut-off yields declining by up to 31 basis points across var...
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T-Bill Yields Fall Below 10%, Signal SBP Rate Cut

Senate Probes Rs Billions Solar Kit Under-Invoicing Scandal

22-Jan-2026
The Senate Standing Committee on Economic Affairs has voiced grave concerns over a major episode of alleged under-invoicing, tax evasion, and trade-based money laundering involving imports of solar ho...
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Senate Probes Rs Billions Solar Kit Under-Invoicing Scandal

PRA Revenue Surges 33% to Rs149.5bn in H1-FY26

22-Jan-2026
The Punjab Revenue Authority (PRA) has generated Rs149.5 billion in tax revenue during the first half of FY2025-26 (July–December 2025), reflecting a substantial 33% year-on-year increase over the c...
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PRA Revenue Surges 33% to Rs149.5bn in H1-FY26

Saudi-Kuwaiti Investors Launch $2bn Arbitration Against Pakistan Over K-Electric

21-Jan-2026
Saudi and Kuwaiti investors holding a 30.7% indirect stake in K-Electric have initiated international arbitration proceedings against the Islamic Republic of Pakistan, seeking damages of up to US$2 bi...
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Saudi-Kuwaiti Investors Launch $2bn Arbitration Against Pakistan Over K-Electric

Tribunal Upholds Rs205mn Penalties in ESA Cartel Case

21-Jan-2026
The Competition Appellate Tribunal (CAT) has dismissed ten long-pending appeals filed by the Pakistan Banks Association (PBA) and several major commercial banks, thereby upholding in full the Competit...
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Tribunal Upholds Rs205mn Penalties in ESA Cartel Case
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