Business
Oil Prices Surge Toward $90 After Iran Attacks US Bases, Brent Could Hit $100
FBR Reports Rs40 Million Tobacco Tax Theft To Senate Panel
The Federal Board of Revenue (FBR) reported an estimated annual tobacco tax theft of Rs40 million to a Senate sub-committee on Thursday during an official…
Gold and Silver Prices in Pakistan Today, 19th June, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
LESCO Stops Printing Detailed Tax Breakdown on Electricity Bills
The Lahore Electric Supply Company (LESCO) has introduced a redesigned electricity bill format that no longer displays a detailed breakdown of taxes and additional charges…
Petrol, Diesel Prices May Drop by Up to Rs39 Per Litre in Pakistan
Consumers across Pakistan are expected to receive significant relief in the upcoming fortnightly fuel price review, with petrol and high-speed diesel (HSD) prices likely to…
FBR Revises Customs Valuation, Making Imported Seamless Steel Pipes More Expensive
The Federal Board of Revenue (FBR) has revised the customs valuation mechanism for imported carbon steel seamless pipes, a move that is expected to increase…
OGDC Share Price Hits Record High as Production Recovery Lifts Investor Confidence
Shares of Oil and Gas Development Company Limited surged to a new all-time high on the Pakistan Stock Exchange (PSX) on Thursday, driven by renewed…
SECP Plans New System to Help Farmers Sell Crops Directly Through PMEX
The Securities and Exchange Commission of Pakistan (SECP) is moving to modernize agricultural commodity trading by directing the Pakistan Mercantile Exchange (PMEX) to develop a…
Punjab Budget 2026-27 Proposes Rs. 1.12 Billion Loan for Air Punjab
The Punjab government has proposed a Rs. 1.12 billion loan for the launch of Air Punjab in its budget for fiscal year 2026-27, signaling progress…
Pakistan Plans $2 Billion International Bond Issue as Saudi Oil Facility Excluded from FY27 Budget
Pakistan plans to raise $2 billion through international bond issuances during fiscal year 2026-27 while making no provision for financing under the Saudi Oil Facility…
Pakistan Secures $12 Billion Foreign Loans in First 11 Months of FY26
Pakistan received more than $12.1 billion in foreign assistance during the first 11 months of fiscal year 2025-26, reflecting a sharp increase in external financing…
How Overseas Pakistanis Can Avoid PTA/FBR Mobile Phone Taxes for 120 Days
Mobile connectivity often becomes a headache for overseas Pakistanis right after landing in the country. To solve this, the Pakistan Telecommunication Authority (PTA) offers a…
Government Grants 15-Year Tax Exemption for PIA Consortium
The government has granted a massive 15-year tax exemption to the Pakistan International Airlines (PIA) consortium. The National Assembly’s (NA) Standing Committee on Finance discussed…
