Business
Government Fast-Tracks Social Initiatives to Boost Skills, Support Farmers, and Promote Energy Efficiency
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, today chaired three back-to-back meetings to review the progress of work on major government initiatives scheduled…
Pakistan to Roll Out Real-Time Digital Monitoring of Petroleum Supply
In a major step against smuggling, theft, and adulteration, the government will launch a real-time digital tracking system for petroleum products within a month. The…
IMF Delegation Visit to Pakistan Set for Next Economic Review
The federal government has confirmed that an IMF delegation visit to Pakistan is scheduled for the upcoming economic review, with preparations now finalized. Federal Finance…
SECP Updates Public Offering Regulations
The Securities and Exchange Commission of Pakistan (SECP) has announced final amendments to the Public Offering Regulations, aimed at streamlining IPO processes, boosting transparency, and…
FBR Can Now Access Your Internet and Call Data
The Federal Board of Revenue (FBR) now has the authority to access citizens’ internet use and phone call records during tax fraud probes. Internet service…
Moody’s Upgrades Pakistan’s Credit Rating as Economic Reforms Bear Fruit
Moody’s Investors Service has upgraded Pakistan’s local and foreign currency ratings from Caa2 to Caa1, citing an improving external position and progress under the IMF’s…
SBP Drops Lien Policy on Delayed Export Payments to Boost Exporters
The State Bank of Pakistan (SBP) has scrapped its lien policy on late export proceeds, offering much-needed relief to exporters, particularly in the rice sector.…
FBR Faces Pressure to Fix Income Tax Return System Ahead of 2025 Filing Deadline
Taxpayers and experts are urging Pakistan’s Federal Board of Revenue (FBR) to urgently address serious issues with the Iris e-filing portal, ahead of the upcoming…
Audit Finds Five Countries Owe Pakistan Over Rs86 Billion
Pakistan is still waiting to recover more than Rs86 billion from five countries that have defaulted on payments for decades, official audit documents reveal. These…
Companies Act 2017 Reforms Target Outdated Corporate Regulations
A high-level subcommittee has proposed significant Companies Act 2017 reforms to align Pakistan’s corporate laws with international standards. Haroon Akhtar Khan, Special Assistant to the…
World Bank Flags Low Govt Funding for Punjab Water Project
The World Bank has reported that government financing for the $430 million Punjab Rural Sustainable Water Supply and Sanitation Project is falling short of the…
FBR Sugar Investigation Leads to Suspension of Officials
The National Assembly’s Standing Committee was briefed on the ongoing FBR sugar investigation, with the tax authority confirming that 14 of its officials have been…