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HeadlinesAudit says Rs265 billion from T&D losses and Rs132 billion from recovery gaps added to circular debt in FY25; calls for commercial autonomy for power distributors
HeadlinesFederal and provincial officials review fuel reserves, adopt conservation steps and tighten oversight to prevent hoarding; Finance minister warns that the monthly oil import bill could rise by up to $600 million
HeadlinesNearly two years after approval, no homes receive solar units; provincial government cites technical issues
HeadlinesOther proposals include securitising $10 billion in remittances sent by Pakistani diaspora, a guarantee for future international Sukuk issuances, a concessional credit line for EXIM Bank of Pakistan, waiving bank guarantees for import-related transactions, investment through PIF, and support to achieve primary surplus targets
HeadlinesRuling says taxpayers have right to obtain sales tax documents and order sheets related to their cases
HeadlinesThree petroleum shipments expected by Monday; oil import bill could rise to $600 million as government coordinates conservation measures.
HeadlinesNew SOP mandates field formations to forward suspicious sales tax, audit, and refund cases for review within 30 days under Section 37A.
HeadlinesLSM rebounds 4.8%, remittances rise 11.3% to $23.2bn; February inflation climbs to 7% amid global energy and regional risks.
HeadlinesPM gives officials 48 hours to propose austerity steps as Punjab launches crackdown on pumps accused of creating artificial shortages.
HeadlinesAmendment ties vehicle registration, transfer and token tax to valid insurance; compensation fixed at Rs700,000 for death and Rs500,000 for permanent disability.
HeadlinesHigh-level meeting warns crude could hit $120 per barrel; Pakistan’s monthly import bill may rise to $600m.
HeadlinesJet fuel prices in Pakistan have risen by Rs154 per litre, prompting airlines to warn of airfares increasing by up to Rs5,000. Passenger and freight train fares have also been raised by up to 20%.