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PIA Raises Flight Fuel Surcharge Amid Gulf Crisis

13-Mar-2026
Pakistan International Airlines (PIA) announced on Thursday that it will increase fuel surcharges on both domestic and international flights after aviation fuel costs surged by 34% amid the ongoing Gu...
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PIA Raises Flight Fuel Surcharge Amid Gulf Crisis

Aurangzeb Warns Rising Oil Prices May Pressure Pakistan

13-Mar-2026
Finance Minister Muhammad Aurangzeb informed a Senate panel on Thursday that increasing global oil prices, driven by tensions in the Middle East, could place upward pressure on petroleum product price...
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Aurangzeb Warns Rising Oil Prices May Pressure Pakistan

Senate Panel Probes Cigarette Theft From FBR Warehouse

13-Mar-2026
A sub-committee of the Senate Standing Committee on Interior on Thursday examined the disappearance of 2,828 cartons of cigarettes from a warehouse being utilized by the Federal Board of Revenue.Accor...
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Senate Panel Probes Cigarette Theft From FBR Warehouse

PTML Secures 180 MHz Spectrum in Pakistan’s 5G Auction

13-Mar-2026
Pak Telecom Mobile Limited (PTML), a fully owned subsidiary of Pakistan Telecommunication Company Limited and the operator behind the Ufone 4G brand, has successfully obtained 180 MHz of spectrum in P...
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PTML Secures 180 MHz Spectrum in Pakistan’s 5G Auction

FTO Directs FBR to Adjust Refunds Before Super Tax

12-Mar-2026
The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to recover Super Tax from taxpayers only after first adjusting any outstanding refund claims.In an order issued on Wed...
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FTO Directs FBR to Adjust Refunds Before Super Tax

Government Approves Weekly Petroleum Price Review Mechanism

12-Mar-2026
The federal government has approved a proposal to shift to a weekly review of petroleum prices in response to potential supply disruptions and increasing import costs linked to escalating tensions in ...
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Government Approves Weekly Petroleum Price Review Mechanism

Textile Exporters Raise Tax Concerns in Meeting With Minister

12-Mar-2026
Major exporters from Pakistan’s textile and apparel sector have expressed serious reservations regarding the prevailing tax and regulatory environment, stating that the current framework places expo...
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Textile Exporters Raise Tax Concerns in Meeting With Minister

Punjab Assembly Announces Major Austerity Measures to Cut Costs

12-Mar-2026
The Punjab Assembly Secretariat has rolled out a comprehensive set of austerity initiatives as part of the government’s broader drive to curtail public expenditure, according to an official notifica...
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Punjab Assembly Announces Major Austerity Measures to Cut Costs

PRL Appoints Mohsin Ali Mangi as New CEO

12-Mar-2026
Pakistan Refinery Limited (PRL) has formally confirmed the appointment of Mohsin Ali Mangi as the company’s Managing Director and Chief Executive Officer for a three-year tenure commencing on April ...
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PRL Appoints Mohsin Ali Mangi as New CEO

SECP Approves Independent Shariah Screening Firm

11-Mar-2026
The Securities and Exchange Commission of Pakistan (SECP) has granted approval to Al‑Hilal Shariah Advisors (Pvt) Limited to independently conduct Shariah screening of securities, marking the first ...
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SECP Approves Independent Shariah Screening Firm
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