A constitutional petition has been instituted before the Lahore High Court contesting the recent escalation in petroleum prices, seeking immediate suspension of the increase and judicial scrutiny of the prevailing pricing mechanism.
As per reported details, the petition was filed by Read More...
Federal Minister for Power Awais Leghari has signalled a potential upward revision in electricity tariffs in light of the recent surge in petroleum prices, as the government evaluates a range of energy conservation measures to manage increasing supply-side pressures.
In a statement issued Read More...
Transport operators in Lahore have implemented fare increases of up to 30% in response to the recent surge in fuel prices, attributing the revision to escalating operational expenditures and limited effectiveness of existing government support measures.
Industry stakeholders have indicated Read More...
The federal government has introduced a targeted fuel subsidy framework aimed at mitigating the impact of escalating petroleum prices on key economic segments. Under the initiative, a subsidy of Rs100 per litre has been allocated for two-wheeler motorcycles, subject to a monthly cap of 20 Read More...
National Bank of Pakistan (NBP) has formally introduced a WhatsApp-based banking solution, marking a significant step toward digital service delivery by enabling customers to perform essential banking functions through a widely used messaging platform.
Through this service, users are able Read More...
The Federal Board of Revenue (FBR) has introduced a proposed taxation regime aimed at non-resident content creators generating revenue from Pakistani audiences, specifically targeting monetised YouTube content. The proposed framework suggests a levy of Rs195 per 1,000 views, applicable to income Read More...
The Government of Pakistan has implemented a long-delayed policy adjustment by passing a significant portion of the global oil price shock onto domestic consumers. Petrol prices have been increased to Rs458.41 per litre, while high-speed diesel now stands at Rs520.35 per litre, following a Read More...
Liquefied petroleum gas (LPG) is currently being sold in the open market at rates substantially exceeding the official pricing notified by the Oil and Gas Regulatory Authority, with retail prices surpassing Rs450 per kilogram across multiple urban centres.
In Lahore and other regions, LPG Read More...
The National Electric Power Regulatory Authority has imposed monetary penalties amounting to Rs60 million on National Grid Company and Central Power Purchasing Agency Guarantee for regulatory non-compliance, including planning deficiencies, inaccurate reporting, and operational inefficiencies Read More...
The Senate Standing Committee on Finance, chaired by Saleem Mandviwalla, has undertaken a review of complaints concerning excessive SMS service charges imposed on banking customers, with the banking and telecom sectors attributing responsibility to each other over an estimated Rs26 billion in Read More...
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