Oil & Gas Development Company Limited (PSX: OGDC) Thursday announced a gas/condensate discovery from the exploratory well Faakir-1, located within… Read More
FBR Gets Power to Arrest Company Directors, CEOs and CFOs
The Federal Board of Revenue (FBR) has granted extraordinary powers to Inland Revenue officers, enabling them to arrest directors, chief… Read More
Govt Ends Utility Stores Subsidy, Overall Subsidies Cut by Rs. 190 Billion
The federal government has completely withdrawn subsidies for Utility Stores and the Ramazan Relief Package in the budget for fiscal… Read More
Aurangzeb Confirms Eurobond Repayments, Announces Panda Bond Launch
Federal Minister for Finance Senator Muhammad Aurangzeb said Wednesday that the government was prepared to make the first installment payment… Read More
Civil Society Raises Alarm on Anti-Public Health Budget
In light of the federal budget announcement for 2025-26, which failed to increase taxes on harmful ultra-processed products (UPPs) and… Read More
FBR to Hire Retired Army Soldiers for Tax Enforcement
The Federal Board of Revenue (FBR) can now hire retired junior commissioned officers and soldiers of the armed forces against… Read More
Gold Rate in Pakistan Rises Slightly Following Budget
The price of 24 karat gold increased by Rs. 600 per tola and was traded at Rs. 352,900 on Wednesday… Read More
SECP Registers Record-Breaking 3,609 New Companies in Just One Month
The Securities and Exchange Commission of Pakistan (SECP) has registered a historic high of 3,609 companies in May 2025, surpassing… Read More
Bulls Run Rampant Following Budget as PSX Closes at All-Time High
The proposed budget for the next fiscal year has been received well by investors at the Pakistan Stock Exchange (PSX),… Read More
Pakistan Records Second-Highest Ever Remittances in May 2025
Remittances sent by overseas Pakistanis increased by 16 percent year-on-year (YoY) to $3.7 billion during May 2025, according to latest… Read More
Cannot Give More Relief to Salaried Class Than We Already Have: Finance Minister
Finance Minister Muhammad Aurangzeb on Wednesday defended the government’s tax enhancement measures in the FY2025-26 budget, particularly tariff reforms aimed… Read More
Budget 2025 is a Death Knell for Pakistan’s IT Industry: P@SHA
Pakistan Software Houses Association (P@SHA) has maintained that the federal government’s Budget 2025-26 may be remembered not for what it… Read More
