PM orders abolition of Pakistan Revenue Automation Limited in six months amid challenges in tax system overhaul
Shehbaz Sharif directs creation of new body for digital tax transformation, despite concerns over disruptions
Audit reveals Rs200bn financial irregularities in Khyber Pakhtunkhwa
Audit uncovers massive mismanagement and suspected embezzlement in KP government spending
PTCL briefs CCP on business plan amid ongoing Telenor Pakistan acquisition
PTCL outlines proposed acquisition of Telenor Pakistan and Orion Towers; CCP seeks further clarification on competition and consumer impact
ECC approves Rs30bn grant and Rs9bn EV subsidy program
The Economic Coordination Committee greenlights grants for outstanding claims and launches a nationwide electric vehicle initiative
KSE-100 hits new record, closing above 143,000 points
Investor optimism drives continued rally at PSX, with index-heavy sectors posting strong gains
Pakistan reduces power sector circular debt by Rs780 billion to Rs1.614 trillion
Government attributes debt reduction to better performance of distribution companies, improved bill recovery, and renegotiated IPP contracts
Pakistan records 9-year low fiscal deficit of 5.38% in FY25, outperforming govt, IMF projections
Fiscal deficit reduction is attributed to 36% YoY growth in total revenues, which outpaced 18% growth in expenditures; primary surplus rises to 2.4% of GDP;Â tax-to-GDP ratio hits seven-year high of 11.3% in FY25
Faceless Customs Assessment clears luxury vehicle at just Rs 17,635, sparking concerns over under-invoicing, money laundering
Audit reveals systematic under-invoicing of luxury vehicle imports, with a total discrepancy of Rs 6.58 billion in declared and assessed values, raising red flags on illegal financial channels
Cabinet committee rejects commercial agreement between Pakistan Railways and DP World, seeks domestic financing alternatives
CCOIGCT directs Railways Division to explore local financing options for freight corridor project, considering public-private partnerships and collaboration with KPT
Government to allocate Rs30 billion for remittance subsidies after finance ministry’s budgetary oversight
Finance ministry to fund Pakistan Remittances Initiative from contingency fund, with further allocations to follow during fiscal year
Ineligible individuals to face stricter restrictions in car, property transactions
FBR clarifies Finance Act 2025 provisions, introduces Section 114C to distinguish between "eligible" and "ineligible" individuals based on financial capacity for economic transactions
Financial mismanagement exceeding Rs3 billion found in Ministry of Aviation, PCAA , and ASFÂ
Rs 2.3 billion of financial shortfall due to PCAA’s failure to recover long-standing dues; Audit reveals irregular contract awards, and poor financial controls across aviation sector
Ministry approves first international ferry service to connect Pakistan with GCC and Iran
Sea Keepers granted ferry service licence, opening new sea routes for regional connectivity and religious tourism
KSE-100 breaks records, closing above 142,000 points for the first time
Bullish momentum pushes KSE-100 to new highs following US-Pakistan trade deal; market sentiment improves
CCP postpones sugar cartel case hearing to September after mills’ request
More than 70 mills request delay due to Supreme Court holidays; CCP grants one-time postponement, no further delays allowed