FBR forms seven monitoring teams to investigate taxpayers flaunting lavish lifestyles on social media
New monitoring teams across Pakistan will track individuals' social media activities to match with tax filings and identify discrepancies
FBR rules out new tax measures despite Rs275bn revenue shortfall in four months
Langrial says tax-to-GDP ratio rises to 10.33%; 5.9 million returns filed as compliance improves
PIA grounds flights amid engineers’ suspension of airworthiness certificates
Aircraft engineers halt technical certifications over safety issues, causing mass flight cancellations; PIA spokesman accuses engineers of sabotaging privatisation plans
Pakistan’s inflation rises to 6.2% in October, higher than finance ministry forecast
CPI increases on higher food prices amid flood-related disruptions
World Bank urges Pakistan to reform trade policy, overhaul 10 preferential agreements to boost exports
Lender calls for flexible exchange rate, lower input costs, and stronger market access to reverse decades of export decline
FBR’s Lifestyle Monitoring Cell identifies several individuals living far beyond their declared means: report
Tax authority flags lavish spending by influencers, business owners; probes luxury vehicles, gold, foreign travel, other undeclared assets
Pakistan eyes 2026 launch for first Chinese submarine in $5 billion arms deal
Islamabad ordered eight submarines in $5 billion Chinese deal, which will project power towards Middle East, says admiral
IHC upholds CCP’s jurisdiction over telecom sector inquiry
Court dismisses petitions by telecom giants, supports CCP's role in addressing deceptive marketing and anti-competitive conduct
Petroleum industry incurs Rs3/litre loss on oil imports due to exchange rate discrepancies: report
Cnergyico Pk urges government to revise product pricing formula to mitigate losses from currency fluctuations
Govt mulls options for reducing high income and sales tax rates: report
FBR tasked with preparing models aligning Pakistan’s tax structure with regional economies to prevent capital flight and brain drain; move could inject Rs1.1 trillion in revenue
Govt projects public debt ratio to fall to 70% in FY26, 63% by FY28
Finance ministry report puts total public debt at Rs80.52 trillion or 70.8% of GDP in FY25 amid rupee depreciation and high interest rates
Pakistan awards 23 offshore exploration blocks to four consortiums, including partners from Turkey
Successful bidders include OGDCL, PPL, MariEnergies and Prime Energy, with Turkey’s TPAO securing a 25% stake and operatorship in one offshore block; consortiums pledge $80 million initial exploration work, total investment projected between $750 million and $1 billion if drilling advances
Economic Affairs Division admits no clear audit mechanism for IMF loan utilisation
The Economic Affairs Division (EAD) has acknowledged that no transparent system currently exists to verify how loans obtained from the International Monetary...
LHC clears way for CCP inquiry into Honda Atlas over alleged anti-competitive practices: report
Court dismisses Honda’s plea, directs CCP to conclude probe within six months into “own-money” charges, delayed deliveries, and price hikes on booked vehicles
FBR misses October target by Rs76 billionn as four-month shortfall widens to Rs274 billion
Tax receipts reach Rs3.84 trillion in July–October; government plans new revenue measures under IMF programme if lag persists