Auto financing in Pakistan has reached Rs336 billion by the end of February, reflecting the 15th consecutive month of expansion. Outstanding loan volumes rose from Rs328 billion recorded in January, supported by sustained consumer demand despite fewer working days in the month, as per data Read More...
The National Accountability Bureau is likely to experience a significant reduction in its jurisdiction over corruption-related matters following a legislative amendment that ties its financial threshold to inflation, effectively raising the operative limit to approximately Rs800 million, as Read More...
The International Monetary Fund is reportedly evaluating the imposition of further conditionalities on Pakistan’s taxation framework, with particular emphasis on enforcement effectiveness and revenue mobilisation under the ongoing $7 billion programme, as highlighted by The Express Read More...
The Federal Board of Revenue (FBR) has filed petitions before the Federal Constitutional Court seeking restoration of its enforcement powers under the Federal Excise Act, 2005, following a ruling by the Peshawar High Court that set aside its actions against certain cigarette manufacturing units, Read More...
Prime Minister Shehbaz Sharif has directed that salaries of government employees be disbursed in advance of Eid, as part of broader measures aimed at providing immediate public relief while maintaining economic stability amid prevailing regional uncertainties.
The directive was issued Read More...
SadaPay has formally acknowledged a system malfunction that resulted in erroneous deductions and negative balances appearing in certain customer accounts, and has assured that all affected balances will be rectified within 48 hours.
According to the company, the disruption was attributable Read More...
The Drug Regulatory Authority of Pakistan (DRAP) has stated that Pakistan currently maintains sufficient stocks of essential medicines to meet domestic demand for approximately three months, notwithstanding concerns regarding potential supply disruptions arising from the ongoing Middle East Read More...
The Securities and Exchange Commission of Pakistan (SECP) has initiated enforcement proceedings against multiple state-owned enterprises (SOEs) by issuing show-cause notices for non-compliance with statutory reporting and governance obligations.
According to the regulator, a total of 66 Read More...
The Lahore Chamber of Commerce and Industry (LCCI) has urged Gerry’s Dnata to immediately revoke the Rs50 per kilogram export cargo fee, warning that the unilateral charge could disrupt Pakistan’s export sector and increase costs for exporters, freight forwarders, and cargo agents across the Read More...
Prime Minister Shehbaz Sharif has announced a broad set of austerity measures aimed at reducing government expenditure and redirecting resources toward public welfare programmes.
The measures were unveiled during a high-level meeting reviewing fiscal savings initiatives and assessing the Read More...
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