Cotton and lint markets recorded a significant upward price movement as Pakistan’s cotton ginning operations commenced during the second week of May for the first time in the country’s history, following the arrival of fresh cotton supplies at processing facilities across Punjab and Sindh, Read More...
The Securities and Exchange Commission of Pakistan has revised investment thresholds for simplified mutual fund accounts and relaxed multiple onboarding requirements as part of regulatory measures aimed at improving retail investor access to regulated investment instruments within Pakistan’s Read More...
Pakistan’s representation within the MSCI Frontier Markets Index declined to 4.8% following the latest semi-annual index review, compared to 5.8% previously, primarily due to an approximate 13% reduction in the market capitalisation of Pakistani listed constituents, while the aggregate market Read More...
The Ministry of Finance has proposed an indicative allocation ceiling of ₨1.126 trillion for the Public Sector Development Programme (PSDP) for fiscal year 2026-27, substantially lower than the ₨2.9 trillion development budget requested by the Ministry of Planning for ongoing and proposed Read More...
The Federal Board of Revenue has reported a substantial increase in income tax recovery under the “Out of Demand” category during fiscal year 2024-25, with collections rising by 110.3% to ₨266 billion compared to ₨127 billion recorded in the preceding fiscal year.
According to the Read More...
A recent market analysis indicates that consumers in Pakistan are bearing approximately ₨145 per litre in cumulative taxes and statutory levies embedded within petrol prices, with the Petroleum Development Levy constituting the dominant component of the retail pricing structure, according to Read More...
The National Accountability Bureau informed the Senate Standing Committee on Housing and Works that recoveries amounting to ₨14.485 trillion were secured between June 2023 and March 2026, including the repossession of approximately 4.96 million acres of government and forest land estimated at Read More...
The Federal Board of Revenue has instructed international non-governmental organisations operating within Pakistan to furnish comprehensive documentation as part of mandatory registration requirements with the national tax administration.
In this connection, the FBR issued S.R.O. Read More...
The Oil and Gas Regulatory Authority has instructed five domestic refineries to make cumulative payments amounting to ₨7.1 billion to Pakistan State Oil under an interim diesel pricing framework established to offset elevated import expenditures arising from regional geopolitical tensions Read More...
The Senate Standing Committee on Petroleum on Monday instructed the relevant authorities to initiate a detailed audit of oil marketing companies (OMCs) in order to assess the financial benefits potentially derived from pre-existing fuel inventories following last month’s increase in petroleum Read More...
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