Islamabad: Pakistan has shut down around 2,500 illegal petrol pumps across the country as authorities intensify action against petroleum smuggling and unauthorised fuel sales. The figure was presented during a
Islamabad: Pakistan has made its largest-ever single early domestic debt repayment, retiring Rs1.2 trillion owed to the State Bank of Pakistan before its scheduled maturity, according to Adviser to the
Islamabad: The Capital Development Authority has approved a record Rs152 billion budget for FY2026-27, the largest annual budget in the civic agency’s history. Of the total, Rs112 billion has been
Islamabad: The Federal Government has moved toward reviving Pakistan Steel Mills (PSM) instead of proceeding with its earlier liquidation plan, as work continues with Russian firm Industrial Engineering LLC on
Islamabad: FBR Member (Strategic Transformation) Dr. Hamid Ateeq Sarwar told a Senate Finance Committee subcommittee that the government is considering further reductions in the tax burden on businesses, including possible
Karachi: Pakistan’s cement industry recorded 64 per cent overall capacity utilisation in July 2026, supported by improving domestic demand and higher construction activity, according to Arif Habib Limited research based
Islamabad: Prime Minister Muhammad Shehbaz Sharif is expected to formally unveil Vision Pakistan 2047 on August 12, coinciding with International Youth Day, as the government prepares a long-term national development
Islamabad: The Ministry of Finance has clarified that the Ad-Hoc Relief Allowances introduced in 2023 and 2024 for federal government employees in BPS-1 to BPS-22 will continue, but their payable
Islamabad: Pakistan’s imports from the United States increased by 38.93 percent to $3.265 billion during fiscal year 2025-26, compared with $2.350 billion in the preceding year, according to trade data
Islamabad: The Federal Board of Revenue collected Rs820.3 billion in net taxes during July 2026, exceeding its monthly target of Rs780 billion by about Rs40 billion. Gross collection reached Rs918.9