The National Accountability Bureau and the Board of Revenue Punjab have recovered approximately 25,444 kanals of state-owned land, valued at nearly Rs433 billion, from unlawful occupation during fiscal year 2025-26 as part of a province-wide enforcement initiative.
According to officials, Read More...
Pakistan’s weekly inflation, as measured through the Sensitive Price Indicator (SPI), recorded a decline of 0.56% for the week ending June 4, 2026, compared to the preceding week. However, on a year-on-year basis, inflation increased by 14.75%, according to data released by the Pakistan Bureau Read More...
The Government of Khyber Pakhtunkhwa has approved a substantial reduction in the provincial Infrastructure Development Cess (IDC), lowering the levy from 2% to 0.75% in response to long-standing concerns raised by the business community ahead of the FY2026-27 provincial budget.
The Read More...
The federal government has scheduled the presentation of Pakistan’s Federal Budget for fiscal year 2026-27 before the National Assembly of Pakistan on June 10, 2026. The budget will be presented by Muhammad Aurangzeb, Federal Minister for Finance and Revenue, according to a confirmation issued Read More...
The federal government has transferred two senior officers of the Pakistan Administrative Service (PAS) to the Oil and Gas Regulatory Authority on deputation, pursuant to separate notifications issued by the Establishment Division.
The officers transferred to the petroleum sector regulator Read More...
During a high-level review of economic performance and implementation of the National Tariff Policy 2025-30, Prime Minister Shehbaz Sharif was informed that customs duty concessions are being introduced across several sectors to stimulate industrial activity, strengthen supply chains, and Read More...
Idrees Textile Mills Limited has announced a strategic business diversification and operational modernisation plan aimed at strengthening profitability, improving cash generation, and enhancing the company’s long-term financial sustainability.
In a disclosure submitted to the Pakistan Read More...
Punjab’s cotton cultivation area has declined to approximately 2.71 million acres during the 2026-27 crop season, remaining below both the provincial target of 3.2 million acres and the 2.964 million acres recorded in 1966-67, raising concerns regarding domestic cotton production, textile Read More...
Shareholders of Crescent Fibres Limited have formally approved the sale and disposal of all plant, machinery, equipment, stores, and related assets comprising the company’s Spinning Unit-I situated in Nooriabad, S.I.T.E. District Jamshoro, Sindh.
According to a resolution passed during Read More...
The Federal Investigation Agency has initiated multiple inquiries into alleged irregularities relating to petroleum storage licences, fuel stock disclosures, and Price Differential Claims (PDCs) collectively exceeding ₨10 billion, according to a report published by The Express Read More...
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