Author: Mrs. Anjum Shahnawaz

  • Govt intensifies crackdown on illicit tobacco trade, Aurangzeb tells PTC

    Govt intensifies crackdown on illicit tobacco trade, Aurangzeb tells PTC

    Finance minister says enforcement drive expanded across key sectors as Pakistan targets undocumented economic activity

    Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday said the government is intensifying enforcement against illicit and undocumented economic activity, particularly in the tobacco sector, as part of its broader fiscal reform agenda.

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  • Aurangzeb, UK envoy discuss economic reforms and regional challenges

    Aurangzeb, UK envoy discuss economic reforms and regional challenges

    Finance minister highlights macroeconomic stability, tax reforms and investor confidence during meeting with British High Commissioner

    Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday held a meeting with British High Commissioner Jane Marriott to discuss Pakistan–United Kingdom bilateral cooperation, economic reforms and regional developments.

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  • Pakistan bank deposits hit historic Rs37.88 trillion mark

    Pakistan bank deposits hit historic Rs37.88 trillion mark

    Higher interest rates and cautious investment trends push Pakistan’s banking deposits to historic levels

    Bank deposits in Pakistan climbed to a record Rs37.88 trillion by the end of April 2026, according to fresh data released by the State Bank of Pakistan (SBP) on Monday.

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  • CM Murad orders immediate water supply for Karachi

    CM Murad orders immediate water supply for Karachi

    Water Board says pipeline damage caused by K-Electric power surge has been repaired, but normal supply may take 17 hours to resume

    Sindh Chief Minister Syed Murad Ali Shah on Saturday ordered the immediate restoration of water supply across Karachi after taking strict notice of severe shortages affecting several parts of the city.

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  • Next round of Islamabad Iran-US peace talks “very soon”: Shehbaz

    Next round of Islamabad Iran-US peace talks “very soon”: Shehbaz

    PM Shehbaz Sharif says Pakistan is ready to facilitate the next round of Iran-US peace talks as diplomatic efforts gain momentum following President Trump’s announcement of major progress.

    Prime Minister Shehbaz Sharif on Sunday expressed the hope that Pakistan would host the next round of Islamabad Talks between Iran and the United States “very soon, following US President Donald Trump announced that that the agreement had been “largely negotiated.”

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  • Government to reduce salary tax burden in FY27 budget: minister

    Government to reduce salary tax burden in FY27 budget: minister

    State ministry signals targeted relief for salaried class in FY27 budget amid IMF-linked fiscal constraints

    The government is expected to reduce the tax burden on salaried individuals in the upcoming FY27 federal budget, Minister of State for Finance and Revenue Bilal Azhar Kayani said.

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  • NDMA issues weather red alert over heavy rains and GLOFs

    NDMA issues weather red alert over heavy rains and GLOFs

    NDMA warns of heavy rains, flash floods, landslides and glacial lake outburst floods across northern and mountainous regions from May 26 to 31

    The National Disaster Management Authority (NDMA) has issued a nationwide weather red alert for May 26 to 31, warning of heavy rainfall, thunderstorms, hailstorms, glacial lake outburst floods (GLOFs), flash floods and landslides in several parts of Pakistan.

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  • Pakistan slashes petrol and diesel prices ahead of Eid-ul-Adha 2026

    Pakistan slashes petrol and diesel prices ahead of Eid-ul-Adha 2026

    Government cuts fuel prices for second consecutive week as Pakistan prepares for Eid-ul-Adha holidays

    Pakistan on Friday reduced petrol and diesel prices ahead of Eid-ul-Adha 2026, offering relief to consumers amid recent volatility in global oil markets and regional tensions affecting energy supplies.

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  • SBP directs banks to open branches for tax collection on May 23-24

    SBP directs banks to open branches for tax collection on May 23-24

    SBP asks commercial banks to remain open over weekend to facilitate taxpayers in payment of government duties and taxes

    The State Bank of Pakistan (SBP) on Friday directed commercial banks to keep designated branches open on May 23 and 24 to facilitate taxpayers in the payment of government duties and taxes.

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  • PM Shehbaz says obstacles to foreign investment cleared through SIFC

    PM Shehbaz says obstacles to foreign investment cleared through SIFC

    Prime Minister invites Qatar’s Taameer Group to expand investment in tourism, hospitality, real estate and construction sectors

    Prime Minister Shehbaz Sharif on Friday said the government was prioritising efforts to increase foreign investment, adding that major obstacles for investors had been removed through the Special Investment Facilitation Council (SIFC).

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