Govt to pass on impact of rising oil prices to consumers, no increase in petroleum levy
Finance Ministry confirms no PDL hike despite rising oil prices due to Middle East tensions, committee formed to monitor situation
Businesses in Punjab to face Rs 1 million penalty for refusing digital payments
Finance bill also proposes higher penalties for non-compliance with the Electronic Invoice Monitoring SystemÂ
Govt limits FBR’s arrest powers after public, business community concerns
PM establishes committee to review the matter, suggest stronger safeguards to prevent misuse of powers by tax officers
Pakistan explores oil supply from Saudi Arabia, UAE via pipelines if Strait of Hormuz is closed due to Iran-Israel conflict
Strait of Hormuz supplies 20% of global crude oil; if Iran closes it, global oil supplies, including to Pakistan, could be disrupted
Pakistan seeks IMF nod for special 1% tax on all goods to fund two dams amid water woes with India
Centre requests additional Rs77 billion to bridge financial gap for Diamer-Bhasha and Mohmand Dams due to provinces' reluctance to fund early completion of key water projects
Punjab’s external debt hits $6.1 billion, backed by multilateral and bilateral loans
In rupee terms, total debt is expected to reach Rs 1.71 trillion by the end of FY2024-25, with Rs 1,709 billion from external sources and Rs 1.29 billion from domestic lenders, representing 2.7% of Punjab’s GSDP
Punjab unveils Rs 5.33 trillion FY26 budget with Rs 740 bn surplus
Punjab announces record Rs1.24tr development outlay amid Rs5.335tr budget
MPC keeps interest rate at 11%; flags inflation and trade deficit risks
Central bank adopts wait-and-see approach amid inflation risks and external imbalances
PSX ends nearly flat as KSE-100 gains 82 points after volatile session
Market opens strong on Monday after budget clarity and easing concerns over CGT provisions
PM forms high-level body to monitor petroleum supply amid regional tensions
Committee to assess price volatility, forex risks, and supply stability as Middle East conflict escalates
FBR clarifies exemptions for one-time sellers, women in new e-commerce tax proposal
Committee approves proposal to impose sales tax on e-commerce transactions
Govt increases petroleum prices as global oil market reacts to Israel-Iran conflict
High-Speed Diesel (HSD) sees largest increase of Rs 7.95, petrol price rises by Rs 4.80 per litre
KP faces over Rs500 billion shortfall in federal transfers, hindering development plans
Shortfalls are largely related to KP’s share in federal taxes, net hydel profit, and grants for the merged tribal districts
Govt to implement Rs77 petroleum levy, Rs5 carbon levy on fuel from July 1
New levies part of IMF agreement aimed at climate resilience, to be included in Finance Bill 2025-26 and passed before June 30
Fuel prices set to rise from June 16; govt forms committee to monitor supply after global surge
Committee to evaluate fiscal impact, ensure uninterrupted fuel supplies, and track global oil price fluctuations following Israel-Iran tensions