The federal government will today (Friday) approve Rs. 100 billion in financing for 50,000 housing units during the current fiscal… Read More
Govt Eyes Ending Lifetime Bureaucrat Jobs to Replace Them With Real Experts
Prime Minister Shehbaz Sharif has constituted a new committee to refine and finalize proposals aimed at overhauling the country’s civil… Read More
Retailers Surprisingly Pay Additional Rs. 455 Billion Tax in FY25
The Prime Minister’s Office on Wednesday claimed the retail sector paid an additional Rs. 455 billion in income tax during… Read More
IFC, SECP Launch ESG Pakistan Project to Advance Sustainable Business Practices
International Finance Corporation (IFC) in collaboration with the SECP has officially launched the ESG Pakistan Project, a three-year initiative aimed… Read More
FBR Enforces New Controls on Tobacco Supply
As tobacco purchase season is at its peak, the Federal Board of Revenue (FBR) has tightened procedures for Removal of… Read More
Audit Exposes Yet Another Rs. 277 Billion in Extra Losses Incurred By Power Companies
Pakistan’s power distribution companies (DISCOs) collectively incurred additional losses of Rs. 276.81 billion during the fiscal year 2023–24, putting the… Read More
SBP Rolls Out Revised Framework for Opening BISP Sahulat Accounts
The State Bank of Pakistan (SBP) has issued a revised Facilitation Framework for the Benazir Income Support Program (BISP) Sahulat… Read More
Govt May Raise Levy on Petrol by Up to Rs. 10 Per Liter to Tackle Circular Debt
The International Monetary Fund (IMF) has asked Pakistan to submit a comprehensive plan to eliminate the gas sector’s circular debt,… Read More
Govt Wants New Owners to Invest Rs. 70 Billion in PIA After Buying It
The federal government wants the new buyer of Pakistan International Airlines (PIA) to invest Rs. 60–70 billion over five years… Read More
Bilal Fibres to Launch New IT Business with Rs. 10 Million Investment
Bilal Fibres Limited (PSX: BILF) has announced plans to diversify its operations by establishing a new IT Division. The board… Read More
Pakistan Allows Chinese Firms Operating in Gwadar to Retain 50% Export Earnings
Pakistan has approved a key incentive allowing Chinese companies in the Gwadar Free Zone to retain 50% of their export… Read More
Trade Corporation of Pakistan’s Debt Burden Widens to Rs. 319 Billion
The National Assembly Standing Committee on Commerce on Monday reviewed the financial condition of the Trading Corporation of Pakistan (TCP).… Read More
