News & Updates

News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

Here’s How Much House Building Advance Govt Employees Can Get Under New Rules

The Ministry of Finance has clarified that federal government employees remain eligible for house building advances unde...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

Petroleum Products Lead Customs Duty Collection with Rs. 291 Billion

The petroleum, oil and lubricants sector remained the largest contributor to customs duty during FY 2024-25, according t...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

Court Backs CCP’s Inquiry Into Honda Atlas Cars Over Anti-Competitive Practices

The Lahore High Court (LHC) has dismissed the petition filed by Honda Atlas Cars (Pakistan) Limited against the Competit...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

15 Sectors Account for Over Half of Sales Tax in Pakistan

Over half of Pakistan’s sales tax on local goods now comes from just fifteen major sectors, led by electrical energy, pe...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

FIA Registers Case Against Former FBR Chairman Shabbar Zaidi Over Rs. 16 Billion Refunds

Former FBR chairman Shabbar Zaidi has been booked by the Federal Investigation Agency for allegedly approving unauthoriz...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

Massive Change Coming for Solar Users, Govt’s New Plan Could Cut Your Savings in Half

The government is considering a major revision to the solar net metering regime by reducing the buyback rate from Rs. 22...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

Salaried Class Hit Hard: Here’s How Much More Tax the Govt Took from Your Salary!

The Federal Board of Revenue (FBR) collected Rs. 605.593 billion in withholding taxes from the salaried class during 202...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

ZONG is Ready for 5G, a Collaboration with ZTE for Advanced 5G Network Planning and Design Training

ZONG 4G (CMPak Ltd) continues to strengthen its position as a front-runner in the country’s digital transformation journ...

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News Update

31

Oct 2025

Oct 31, 2025 • 5 min read

Govt Planning to Increase Taxes on Mobile Calls, Solar and Cash Withdrawal

Pakistan has assured the International Monetary Fund (IMF) that it will implement Rs. 200 billion worth of additional ta...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Govt Employees Get a Big Salary Boost

In a major relief for federal government employees facing rising housing costs, the federal cabinet has approved an 85 p...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

SBP Foreign Exchange Reserves Rise by $16 Million, Reach $14.47 Billion

Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $16 million over the past week, re...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Customs Seizes Rs. 1.1 Billion Worth of Smuggled Cigarettes in Major Raids

Pakistan Customs has carried out one of its largest anti-smuggling crackdowns with the seizure of over Rs. 1.1 billion w...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

BOP Posts Splendid 156% Growth in Operating Profit During 9-Months Ended September 30, 2025

In a meeting held on October 30, 2025, the Board of Directors of The Bank of Punjab (BOP) approved the un-audited financ...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Zong Moves to Number 1 Spot in Latest PTA Rankings

Zong has once again emerged as the top-performing mobile network in Pakistan, according to the Pakistan Telecommunicatio...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

PM Shehbaz Orders Forensic Audit of PRAL After Revelation of Sales Tax Fraud

Prime Minister Muhammad Shehbaz Sharif has ordered a forensic audit of the Pakistan Revenue Automation Limited (PRAL) sy...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

PIA Privatization: Bidders Refuse to Pay FBR Taxes and CAA Dues

The government’s push to privatize Pakistan International Airlines (PIA) has encountered new hurdles, as prospective buy...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

PIA Privatization Set for Completion by December, Senate Committee Told

The privatization of Pakistan International Airlines (PIA) has entered its final phase, with pre-qualified bidders, Fauj...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Pakistani Rupee Registers Modest Gains Against US Dollar

The Pakistani rupee posted a marginal gain against the US dollar on Thursday, appreciating by 0.01% in the inter-bank ma...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Saritow Spinning Mills to Permanently Close Spinning Operations

Saritow Spinning Mills Limited (SSML) has announced plans to permanently shut down its spinning mill operations, which h...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Govt Offers Rs. 10 Million Interest-Free Loans to Help Freelancers and Startups

The government will provide interest-free financing of up to Rs. 10 million to establish 250 working spaces through the...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Customs Seize Rs. 67.5 Million Worth of Marijuana

The Air Cargo Control Unit (ACCU) of the Customs Collectorate at Karachi’s airports has thwarted an attempt to smuggle n...

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