Gold prices in Pakistan change regularly due to movements in the international bullion market. The rates published are sourced from local bullion traders and Sarafa markets operating across different cities in the Read More...
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that taxpayers are granted access to records relating to their tax assessments, reaffirming the right of taxpayers to obtain documents connected with proceedings conducted by the tax authorities.
In a Read More...
Federal and provincial authorities have conducted a detailed review of Pakistan’s petroleum supply position amid escalating tensions in the Middle East, with officials cautioning that an intensification of the regional conflict could drive global crude oil prices higher and place additional Read More...
Pakistani authorities are evaluating contingency measures to address potential fuel supply challenges as escalating geopolitical tensions in the Middle East threaten to significantly increase global crude oil prices.
A high-level meeting convened at the Chief Minister House on Sunday Read More...
Authorities have directed strict enforcement measures against petrol pumps found involved in hoarding petroleum products or creating artificial fuel shortages as the government seeks to safeguard supply amid rising regional geopolitical tensions.
Prime Minister Shehbaz Sharif instructed Read More...
The Government of Sindh has introduced amendments to provincial motor vehicle legislation to make third-party liability insurance mandatory for all vehicles registered in the province, aiming to enhance financial protection for victims of road accidents.
The requirement has been Read More...
The Federal Board of Revenue (FBR) has directed all field formations to promptly refer cases involving suspected tax fraud to the Directorate of Intelligence & Investigation (Inland Revenue). The directive applies to irregularities identified during sales tax assessments, audit proceedings, Read More...
Pakistan’s economy has shown early indications of recovery during the first eight months of FY2025–26, with federal tax receipts reaching approximately Rs8.1 trillion between July and February, compared with Rs7.3 trillion recorded during the corresponding period of the previous fiscal year, Read More...
The Economic Coordination Committee of the Cabinet (ECC) has approved multiple Technical Supplementary Grants (TSGs) across several sectors, including energy, education, disaster management and public sector initiatives. The approvals were granted during a meeting held at the Finance Division Read More...
Pakistan has formally enacted the Virtual Assets Act 2026, introducing a comprehensive legal and regulatory framework for the governance of the country’s digital asset and virtual finance ecosystem. The enactment of this legislation also fulfills a policy commitment associated with Read More...
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