Planning Commission moves to uphold CDWP’s authority, bars junior officials from presenting projects
Deputy chairman mandates secretary-level participation by ministries to maintain seriousness of high-stakes meetings
Audit uncovers over Rs1 trillion financial irregularities in Punjab govt’s accounts: report
AGP reports 12 cases of unauthorized retention of Rs988 billion in non-interest-bearing accounts by autonomous bodies, 14 fraud cases totaling Rs3.1 billion, 50 unauthorized payments worth Rs25.4 billion, 21 mismanagement cases amounting to Rs10.6 billion and 45 mis-procurement cases worth Rs43 billion
PSX plunges nearly 3,900 points amid US-Iran tensions, index sees sharpest single-day drop in weeks
Market sees early losses amid rising geopolitical tensions, with key sectors including oil, automobile, and commercial banks hit hardest
Govt relaxes restrictions on major purchases by individuals with insufficient declared assets
New criteria allow higher purchase limits for cars, property, and bank accounts, as government eases economic transaction bans ahead of budget approval
FBR unveils Rs36 billion in new taxes to offset revenue loss from solar panel tax cut, salary hike
New tax measures include 10% FED on day-old chicks, 29% tax on dividends from mutual funds, and 20% withholding tax on govt securities profits for institutional investors
Oil jumps more than 3% in international markets after US attacks key Iranian nuclear sites
US attack increases probability of supply disruption; Iran approves waterway closure; could further boost prices
Govt orders emergency petrol imports amid mideast conflict, price hike risks loom
PSO fast-tracks 140 million litre supply as freight and insurance costs surge; fuel prices may rise in line with global oil rally
Govt cuts income tax for low-income salaried class, reduces GST on solar panel imports
Finance Minister Aurangzeb says relief measures will boost tax compliance and protect renewable energy affordability
NA committee backs govt’s proposal to tax elite recreational clubs
Proposal targets high-end recreational clubs charging over Rs1 million for membership, including the Islamabad Club, requiring them to file income and expenditure statements
Federal Tax Ombudsman orders FBR to stop shop seals, resolve POS system issues for tier-I retailers
In response to a complaint by the Chainstore Association of Pakistan, FTO emphasises that no retail outlets should be sealed until all technical issues have been resolved
Parliamentary body rejects 4% uniform rental valuation rate on commercial properties
NA committee voices concerns over potential impact on rural areas, leading to withdrawal of the proposal; FBR chairman terms property valuations more accurate than those used by DC
KP loses Rs583 million per day due to electricity theft and technical inefficiencies, report reveals
PESCO report shows province lost Rs193.4 billion in 11 months, with Bannu facing the highest losses at 73.86%; Losses attributed to political interference, lack of cooperation from local authorities, and outdated infrastructure
Govt’s plan to restrict economic transactions by ineligible persons faces hurdles
National Assembly committee finds FBR's online platform, intended to determine eligibility for such transactions, far from completionÂ
Pakistan secures $20 billion in foreign loans and grants in 11 months, surpassing annual target
Approximately half funds come from legacy rollovers from China, Saudi Arabia, and UAE, while fresh loans and grants of $6.89 billion fall by 9% compared to last year
Pakistan’s 0.5 million tons sugar import plan may fail to lower domestic prices, data suggests
Price surged from govt-mandated Rs168/kg to Rs180-190/kg in major urban centres; PSMA highlights increased imported sugar prices, Karyana Merchant Association Punjab announces province-wide suspension of sugar sales