The Punjab Revenue Authority (PRA) has reported a remarkable tax collection of over Rs220 billion during the first eight months of the current fiscal year (8MFY26), marking a significant increase compared to the same period last year.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan raises petrol, diesel prices by Rs55 per liter
Karachi: Federal Minister for Petroleum Ali Pervaiz Malik has announced a significant increase in petroleum product prices, raising both petrol and diesel by Rs55 per liter.
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PM Shehbaz cracks whip on hoarders: Petrol pumps face sealing, legal action immediately
Islamabad, March 6, 2026: Prime Minister Shehbaz Sharif on Friday directed provincial governments to immediately seal petrol pumps, cancel licenses, and initiate legal action against those found hoarding petroleum products and creating artificial shortages.
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Pakistan reports surge in weekly inflation amid rising fuel prices
Islamabad, March 6, 2026: The Pakistan Bureau of Statistics (PBS) reported a noticeable surge in weekly inflation for the first fortnight of March 2026, primarily driven by a recent hike in fuel prices announced by the government.
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Thunderstorms expected in Northern Pakistan as temperatures rise: PMD
Islamabad, March 6, 2026: The Pakistan Meteorological Department (PMD) has forecast rain, wind, and thunderstorms in several northern regions of the country over the coming days, while warning that most parts of Pakistan will continue to experience unusually high temperatures and dry weather.
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OGRA warns of strict action against petroleum hoarding, assures adequate fuel stocks
Islamabad: The Oil and Gas Regulatory Authority (OGRA) on Thursday warned of strict action against individuals or businesses involved in the illegal hoarding of petroleum products, particularly at locations that are not authorised storage facilities.
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PM committee reviews petrol supply, assures adequate stocks amid regional energy uncertainty
Islamabad, March 5, 2026 – A high-level meeting of the Committee formed to monitor petrol prices and energy supply in light of the evolving regional situation was held on Thursday under the chairmanship of Finance Minister Muhammad Aurangzeb at the Finance Division. The committee was constituted by Prime Minister Shehbaz Sharif to assess developments in the energy sector and ensure national preparedness.
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Aurangzeb outlines Pakistan’s economic reform agenda to UK High Commissioner
Islamabad, March 5, 2026: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with the British High Commissioner to Pakistan, Ms. Jane Marriott CMG OBE, at the Finance Division on Thursday to discuss Pakistan’s macroeconomic outlook, economic reforms, and bilateral economic cooperation.
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Private helicopter services to begin in Pakistan’s mountains by April–May 2026
Islamabad, March 5, 2026: Pakistan is set to witness a historic development in mountain tourism and rescue operations as private helicopter services are expected to become operational for the first time by April–May 2026, according to Major General (Retd) Irfan Arshad, President of the Alpine Club of Pakistan.
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FBR launches national cargo tracking system and e-Bilty mechanism
Islamabad: The Federal Board of Revenue (FBR) on Thursday initiated the design phase of a National Cargo Tracking System (CTS) along with an integrated e-Bilty mechanism, marking a significant step toward digitizing cargo monitoring, improving tax compliance, and curbing smuggling across Pakistan.
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