NA standing committee questions PTCL’s authority to sell properties 

Standing Committee on IT and Telecom argues PTCL board does not hold ownership of the company

Azerbaijan pledges $3 billion investment in key sectors of Pakistan

PM highlights economic progress, tax reforms, and new Saudi collaborations  

Govt moves to Supreme Court over banks’ stay on additional 15% income tax  

FBR seeks urgent resolution as Rs197 billion revenue hangs in balance  

PTA hires consultant for 5G spectrum auction in Pakistan

NERA to advise on spectrum release process, valuation, and auction design, with completion expected by April 2025

Pakistan secures $500m ADB loan for climate resilience projects

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Tuesday signed a $500 million loan agreement for the Climate and Disaster Resilience...

Finance Division to hire consultant for external debt management

New hire to enhance capacity in risk analysis, forecasting, and debt portfolio management

Increase in Pak-Afghan trade boosts customs duty revenues

PESHAWAR: Pak-Afghan trade has witnessed a major increase over the past three months, leading to a notable rise in customs duty and...

ECC meeting discusses key initiatives on energy and disaster relief

Cabinet body approves winter demand initiative for power consumers and allocation of funds for NDMA relief operations

PM orders crackdown on sugar sector tax evasion and hoarding

The PM directs authorities to enforce strict actions against tax evaders, price manipulators, and hoarders in the sugar industry

ECC greenlights power relief package for winter

A tariff of Rs26.07/kWh will be charged to all eligible consumers

Govt relaxes smog restrictions in Lahore, extends restaurant hours to 10 PM

The revised guidelines also see the reopening of schools in the Rawalpindi Division, as smog levels drop enough for schools to resume operations

Senate Committee criticizes PTA officials on VPN registration issue

VPN registration policy, revived by the current government, aims to streamline VPN use, chairman PTA

Shehbaz seeks $1.2 billion Saudi loan to fill $2.5 billion gap

The FBR faces a PKR190 billion tax shortfall in four months, which its chairman attributes to incorrect assumptions

Govt recommends ending structure tax on buildings

Property transfers generated PKR620 million annually before the tax, but revenues plummeted to PKR60 million after its imposition

World Bank recommends 10 DISCOs’ ownership transfer to president ahead of privatisation  

Federal government faces complex challenges in privatising power sector, balancing subsidies and tariff policies. Â