Business
How Much Will Govt Collect Through Petroleum Levy in FY 2026-27?
The federal government is set to raise its petroleum levy collection target to Rs1.727 trillion for the next financial year 2026-27, according to well-informed sources…
NAB Freezes $4.5 Million Bahria Town Accounts in Mauritius
The National Accountability Bureau (NAB) has frozen two foreign bank accounts worth $4.5 million, held at Silver Bank in Mauritius, under the Anti-Money Laundering Act…
Govt Borrows Rs3.5 Trillion in 11 Months Despite IMF Warning
The federal government borrowed Rs3.5 trillion from commercial banks in the first 11 months of fiscal year 2026, State Bank of Pakistan (SBP) data revealed…
KSA Set to Establish Crypto and Blockchain Zone at Karachi Port
Saudi Arabia is set to establish a crypto and blockchain zone in Karachi, under a newly signed memorandum of understanding between Pakistan and Saudi business…
Gold and Silver Prices in Pakistan Today, 7th 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…
Punjab Proposes Rs. 81 Billion Health Package With 24 New Projects in Budget 2026-27
The Punjab government has proposed a major health development package worth more than Rs. 81 billion, under which 24 new health sector projects are planned…
Govt Raises Petrol Levy by Rs. 24.74 Per Litre Despite Price Cut
The federal government has significantly increased the petroleum levy on petrol by Rs. 24.74 per litre, effectively reducing the benefit of falling international oil prices…
Govt Proposes Salary Increases for Civil Servants in 2026-27 Budget
The federal government has proposed increasing the salaries of civil servants by 10 to 15 percent in the upcoming 2026-27 federal budget. Prime Minister Shehbaz…
Beauty Parlour, Skincare and Health Club Imports May Get Tax Relief in Budget 2026
The federal government is considering a reduction in customs duties on imported equipment, machinery, and raw materials used by beauty parlours, skincare clinics, and health…
Gul Ahmed Plans Pakistan’s Biggest Data Centre With $230 Million Funding
Quantum Global Data Centre (QGDC), a company backed by the Gul Ahmed Energy Group, has announced plans to build Pakistan’s largest Tier III data center.…
SECP Fines 36 State-Owned Enterprises Rs. 3.17 Million for Compliance Violations
The Securities and Exchange Commission of Pakistan (SECP) has completed enforcement proceedings against 36 state-owned enterprises (SOEs), imposing penalties totaling Rs. 3.175 million and issuing…
Solar Panel Prices Rise Ahead of Budget 2026-27 GST Proposal
Solar panel prices in Karachi have risen sharply ahead of the new financial year budget 2026-27, with each plate increasing by Rs 7,000 to Rs…
