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PARCO Secures Crude Outside Strait Amid Disruptions

04-Mar-2026
Pak-Arab Refinery Company (PARCO) has secured two crude oil consignments routed outside the Strait of Hormuz in order to maintain refining operations amid ongoing disruptions affecting maritime traffi...
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PARCO Secures Crude Outside Strait Amid Disruptions

Shahzad Iqbal Designated OGRA Vice-Chairman

04-Mar-2026
The Government of Pakistan has designated Shahzad Iqbal, currently serving as Member (Gas), as Vice-Chairman of the Oil and Gas Regulatory Authority (OGRA), effective February 23, 2026, in a developme...
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Shahzad Iqbal Designated OGRA Vice-Chairman

Nepra Approves Rs0.35 Electricity Tariff Increase

04-Mar-2026
The National Electric Power Regulatory Authority (Nepra) has sanctioned a temporary increase of Rs0.35 per unit in electricity tariffs for a three-month period, enabling distribution companies, includ...
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Nepra Approves Rs0.35 Electricity Tariff Increase

National Assembly Passes Virtual Assets Bill 2026

04-Mar-2026
The National Assembly of Pakistan has passed the Virtual Assets Bill, 2026, formally initiating the establishment of a comprehensive regulatory framework for digital currencies and associated services...
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National Assembly Passes Virtual Assets Bill 2026

Wilmar Records $150M Loss on Unity Investment

03-Mar-2026
Wilmar International Ltd. has reported a loss of $150 million in connection with its investment in Unity Foods Ltd., attributing the impairment to emerging financial uncertainties at the associated Pa...
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Wilmar Records $150M Loss on Unity Investment

NHA Spends 56% of PSDP Allocation

03-Mar-2026
The National Highway Authority (NHA) has expended Rs124.31 billion—approximately 56 percent—of its Rs223.28 billion allocation under the Public Sector Development Programme (PSDP) for FY2025-26 du...
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NHA Spends 56% of PSDP Allocation

FBR Orders Pending Asset Declarations by March 9

03-Mar-2026
The Federal Board of Revenue (FBR) has formally directed its field formations to ensure that all officers and officials serving in the Inland Revenue Service, Pakistan Customs Service, and allied cadr...
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FBR Orders Pending Asset Declarations by March 9

FBR Misses Target by Rs429bn in 8MFY26

02-Mar-2026
Pakistan’s apex revenue authority, the Federal Board of Revenue (FBR), recorded a cumulative revenue shortfall of Rs429 billion during the first eight months of FY2025–26, notwithstanding sustaine...
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FBR Misses Target by Rs429bn in 8MFY26

K-Electric Seeks Rs47.1bn TDS for FY2027

02-Mar-2026
K-Electric has formally sought Rs47.1 billion in Tariff Differential Subsidy (TDS) for FY2026–27 and has additionally pressed for the immediate disbursement of over Rs100 billion in outstanding subs...
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K-Electric Seeks Rs47.1bn TDS for FY2027

ATIR Nullifies CTO Refund Rejection Order

02-Mar-2026
The Appellate Tribunal Inland Revenue (ATIR) has nullified a refund rejection issued by the Corporate Tax Office Islamabad (CTO), ruling that tax authorities exceeded their statutory mandate in denyin...
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ATIR Nullifies CTO Refund Rejection Order
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