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Court Extends Remand in Rs1.2B APP Corruption Case

21-Sep-2025
On Saturday, a local court prolonged the physical remand of seven suspects implicated in the Associated Press of Pakistan (APP) mega corruption case, involving financial irregularities totaling Rs 1.2...
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Court Extends Remand in Rs1.2B APP Corruption Case

FBR Suspends Sugar Sales, Targets Wealthy Taxpayers

21-Sep-2025
The Federal Board of Revenue (FBR) has halted the sale of sugar by domestic mills through its online portal, prompting fierce backlash from the Pakistan Sugar Mills Association (PSMA), which warned th...
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FBR Suspends Sugar Sales, Targets Wealthy Taxpayers

Balochistan PAC Exposes Billions in Energy Mismanagement

21-Sep-2025
The Public Accounts Committee (PAC) of the Balochistan Assembly has uncovered egregious financial mismanagement in the provincial energy department, revealing irregularities costing billions of rupees...
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Balochistan PAC Exposes Billions in Energy Mismanagement

SBP Injects Rs11.39T to Boost Market Liquidity

20-Sep-2025
The State Bank of Pakistan (SBP) infused a massive Rs 11,386.05 billion into the financial market through Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations (OMO) to en...
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SBP Injects Rs11.39T to Boost Market Liquidity

FBR Forms Grievance Committee for IR Oversight

20-Sep-2025
The Federal Board of Revenue (FBR) has unveiled the establishment of a grievance redressal committee to supervise the deputation of Inland Revenue (IR) officials at factories and manufacturing premise...
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FBR Forms Grievance Committee for IR Oversight

Dr. Waqar Masood Khan Passes Away

20-Sep-2025
Dr. Waqar Masood Khan, esteemed former Federal Secretary for Finance Division, passed away on Saturday, leaving behind a legacy as a distinguished economist renowned for his vast expertise in both pub...
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Dr. Waqar Masood Khan Passes Away

FIA Seizes Rs1.49B in Illegal Currency Bust

20-Sep-2025
ISLAMABAD: The Federal Investigation Agency (FIA) has apprehended 494 individuals entangled in illegal currency exchange, hawala, and hundi operations nationwide this year, seizing a whopping Rs 1.49 ...
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FIA Seizes Rs1.49B in Illegal Currency Bust

PIA Loses Rs9B from Free, Discounted Tickets

19-Sep-2025
Pakistan International Airlines (PIA) suffered a staggering Rs 9 billion revenue loss from 2011–2016 due to free and discounted tickets, as revealed in the 2024-25 audit report by the Auditor Genera...
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PIA Loses Rs9B from Free, Discounted Tickets

SBP Targets Full Payment Digitization by 2026

19-Sep-2025
The State Bank of Pakistan (SBP) announced that all federal and provincial payments will be fully digitized by June 2026, with state-owned enterprises (SOEs) expected to complete their digital payment...
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SBP Targets Full Payment Digitization by 2026

Supreme Court Annuls Rs44B Sugar Mills Fine

19-Sep-2025
The Supreme Court has nullified a Rs44 billion fine levied by the Competition Commission of Pakistan (CCP) on sugar mills nationwide, declaring both the initial ruling and the subsequent appellate ord...
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Supreme Court Annuls Rs44B Sugar Mills Fine
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