Islamabad, February 27, 2026 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Friday approved the revised features of the “Mera Ghar Mera Aashiana (MGMA)” – Mortgage Financing for Low-Cost Housing Scheme, while chairing a meeting of the Economic Coordination Committee (ECC) of the Cabinet. The committee also sanctioned major infrastructural and development-related grants to support housing, agriculture, and energy sectors.
(more…)Author: Mrs. Anjum Shahnawaz
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FBR orders Inland Revenue offices to operate full day on Saturday, February 28
Islamabad, February 27, 2026 – The Federal Board of Revenue (FBR) has directed all Inland Revenue (IR) offices to operate a full working day on Saturday, February 28, 2026, to facilitate collection of duties and taxes from taxpayers.
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Pakistan’s inflation falls 0.54% in first week of Ramazan 2026
Karachi, February 27, 2026 – Inflation in Pakistan, measured through the Sensitive Price Indicator (SPI), declined by 0.54% in the first week of Ramazan 2026, according to the Pakistan Bureau of Statistics (PBS). The holy month began on February 19, 2026, and early data shows easing prices for several essential commodities.
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PRA intensifies crackdown on delayed tax payments in Lahore
Lahore – The Punjab Revenue Authority (PRA) has ramped up enforcement actions against businesses involved in delayed tax payments and record manipulation, signaling a zero-tolerance approach toward tax evasion.
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Pakistan awards 11 oil and gas blocks, attracts Rs8.66 billion investment
Islamabad, February 26, 2026 – The Government of Pakistan has taken a major step to boost domestic energy production by awarding 11 onshore oil and gas blocks to leading national companies, securing a minimum committed investment of Rs8.66 billion (USD 31 million) over the next three years.
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Pakistan’s foreign exchange reserves rise by $106 million: SBP
Karachi, February 26, 2026 – Pakistan’s foreign exchange reserves recorded a notable increase of $106 million on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday, reflecting improved external inflows and cautious optimism in the financial markets.
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Cryptocurrency gets green light in Pakistan as Senate panel clears regulatory bill
Islamabad: The Senate Standing Committee on Cabinet Secretariat has approved the Virtual Assets Bill, 2025, paving the way for a comprehensive regulatory framework for cryptocurrencies and virtual asset services in Pakistan.
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IMF team arrives in Pakistan, formal EFF talks to begin Monday: Aurangzeb
Islamabad, February 25, 2026 – Finance Minister Muhammad Aurangzeb on Wednesday confirmed that a delegation of the International Monetary Fund (IMF) has arrived in Pakistan, with formal talks on the third review of the Extended Fund Facility (EFF) scheduled to commence from Monday.
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PM Shehbaz vows growth, tax reforms, export boost in budget 2026-27
Islamabad, February 25, 2026 – Prime Minister Muhammad Shehbaz Sharif on Wednesday underscored the urgent need to prioritize economic growth, industrial production, exports, and both local and foreign investment in the upcoming federal budget for 2026-27, while calling for a broad-based reduction in indirect taxes to ease the burden on consumers.
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Government considers industry tax relief in Budget 2026-27: Haroon Akhtar
Islamabad, February 25, 2026 — The government is considering tax incentives and relaxations for industries in the upcoming federal budget 2026-27, Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, announced on Wednesday. The move aims to make the budget business-friendly and support sustainable economic growth.
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