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...
The Islamabad High Court has suspended recovery notices issued by the Federal Board of Revenue (FBR) to three independent power producers regarding the collection of super tax, citing the authorities’ failure to adhere to procedural requirements prescribed under the Income Tax Ordinance, 2001, Read More...
The federal government has revised the pricing structure for certain petroleum products, increasing the retail rates of kerosene oil and light diesel oil while maintaining existing prices for petrol and high-speed diesel.
According to the Ministry of Energy (Petroleum Division), the price Read More...
The federal government is preparing amendments to the Ex‑Government Servants (Employment with Foreign Governments) (Prohibition) Act, 1966 aimed at simplifying the regulatory framework governing post-retirement employment of former public officials with foreign governments or international Read More...
The Senate Secretariat has procured a luxury vehicle valued at approximately Rs90 million for the chairman of the Senate, with the purchase financed through allocations from the upper house’s budget, according to a report by The Express Tribune.
Sources indicated that the vehicle has Read More...
The Pakistan Petroleum Dealers Association (PPDA) has announced plans for an indefinite nationwide shutdown of petrol pumps starting March 27 following unsuccessful negotiations with the government regarding an increase in dealer profit margins.
According to the association, fuel stations Read More...
The Securities and Exchange Commission of Pakistan (SECP) has approved a range of new annuity products designed to strengthen post-retirement income security and stimulate the development of Pakistan’s annuity market.
The newly approved offerings include life-contingent annuities, Read More...
The Cabinet Committee for Disposal of Legislative Cases (CCLC) has approved draft amendments to Part-V(A) of the Fifth Schedule of the Customs Act, 1969 in order to harmonise the concessionary duty framework with the Automotive Industry Development and Export Policy 2021–26 (AIDEP).
The Read More...
The Pakistan Telecommunication Authority has instructed telecom operators across the country to refrain from revising mobile package prices on a monthly basis, directing that any tariff adjustments be implemented only on a quarterly schedule.
According to regulatory officials, telecom Read More...
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