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
Petrol up by Rs2.43, diesel by Rs3.02 per litre for next fortnight
Petrol now costs Rs265.45 and high-speed diesel Rs278.44 after latest revision; Finance Division cites global oil trends and exchange rate impact
FIA withdraws Rs16 billion corruption case against former FBR chairman Shabbar Zaidi
Agency classifies case as ‘C-Class’ and files discharge report a day after booking Zaidi over alleged unauthorised tax refunds to corporate clients
FBR’s withholding tax collection from salaried class rises 55% to Rs605.6bn in FY25
Overall WHT receipts up 23.5%, salaries now second-largest contributor to direct taxes
Govt to complete PIA privatisation by year-end after IMF clears Rs45bn liability settlement
Four business groups shortlisted; IMF allows government to bear tax dues and waive GST on aircraft purchase
PM orders international forensic audit of PRAL system after discovery of 2018-19 sales tax fraud
Authorities were instructed to identify all companies, institutions, and individuals involved in the sales tax fraud and to submit a detailed investigation report within three weeks
Govt to convene long-delayed NFC meeting on Nov 18 to revive revenue-sharing talks
Finance Minister Aurangzeb to chair session; agenda includes working-level review and roadmap for new NFC Award
Top 10% in Pakistan hold 42% of national income, says Oxfam report
Study warns of deepening inequality across Asia driven by elite wealth, climate crisis, and tax imbalance