Finance

Fuel Prices in Pakistan Likely to Skyrocket Before Next Fortnightly Review

Pakistan may witness another rise in petrol and diesel prices before the next fortnightly review, as global oil markets remain volatile and import costs continue to increase. The government revises petroleum prices every 15 days based on recommendations from the Oil and Gas Regulatory Authority (OGRA) and changes in international fuel prices. Latest Petrol and […]

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Federal Constitutional Court Allows Tax Authorities to Raid Without Notice or Case

ISLAMABAD — In a landmark Judgment, the Federal Constitutional Court (FCC) had allowed that the tax authorities in Pakistan are legally empowered to carry out raids and searches without any notice or any past case on the taxpayer. Here’s your sentence rewritten in simple English: The Federal Constitutional Court rejected an appeal from M/s Sceptre

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FBR Releases Latest Property Rates for Naval Anchorage Islamabad 2026

FBR has announced new property rates for residential plots and farmhouses in Naval Anchorage Islamabad. These new rates will be used to calculate taxes when people buy, sell, or transfer property. This update is important for property owners, buyers, sellers, and investors in Naval Anchorage. FBR has issued SRO.332(I)/2026, to make changes to SRO.163(I)/2026. This

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Pakistan’s Foreign Debt Interest Surges 84% in Just Three Years

Pakistan’s payments on interest for foreign loans have increased a lot in the past three years. The amount was increased by 84% of about $3.59 billion. This shows that foreign loans have become very expensive for Pakistan. Why Interest Costs Are Higher Officials say the main reasons are: Total Foreign Debt Over $138 Billion Pakistan’s

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Relief Ends for Solar Users as Net-Metering Rules Change

Islamabad: Solar power users across Pakistan will now have to pay the full electricity unit price after the government introduced major changes to the net-metering system, ending a key benefit previously enjoyed by rooftop solar consumers. Under the new policy approved by the National Electric Power Regulatory Authority (NEPRA), the existing net-metering mechanism has been

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Aamir Ibrahim Meets World Bank President Ajay Banga for Talks on Inclusive Growth

ISLAMABAD, Pakistan — Aamir Ibrahim, President and CEO of JazzWorld and Chairman of Mobilink Bank, held an important meeting with World Bank President Ajay Banga today to discuss strategies for promoting inclusive growth and deepening digital and financial inclusion, particularly for women and underserved communities. The discussion focused on how to turn digital connectivity and

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Fake Officials Using FBR, PSQCA Names to Harass Karachi Traders

Karachi, Pakistan — Traders in Karachi have raised alarm after a group of individuals, allegedly posing as officials of the Federal Board of Revenue (FBR) and Pakistan Standards and Quality Control Authority (PSQCA), reportedly harassed business owners in one of the city’s busiest commercial hubs. According to a written complaint submitted to the Chairman of

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