Islamabad, January 1, 2026 – The Federal Board of Revenue (FBR) has reported a revenue shortfall of over Rs336 billion during the first half (July–December) of fiscal year 2025-26, raising concerns over meeting Pakistan’s full-year fiscal targets.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan cuts petrol price by Rs10.28 per litre to start 2026
Islamabad, December 31, 2025 — Pakistan is set to welcome the New Year with significant relief for motorists and households as the federal government announced a sharp reduction in petroleum prices for the next fortnight, effective from January 1, 2026.
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Pakistan, Saudi Arabia exchange views on regional situation
Islamabad, December 31, 2025 — Prime Minister Muhammad Shehbaz Sharif on Wednesday held a telephone conversation with Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud, during which the two leaders discussed the evolving regional situation and current developments.
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PM Shehbaz launches economic governance reforms, declares stability achieved
Islamabad, December 31, 2025 — Prime Minister Muhammad Shehbaz Sharif on Wednesday formally launched the government’s Economic Governance Reforms, announcing that Pakistan has moved beyond the phase of economic firefighting after two years of politically difficult but structurally essential decisions that restored macroeconomic stability and international credibility.
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Gadani Customs seizes smuggled betel nuts worth Rs252.2 million
Karachi, December 31, 2025 — In a major intelligence-based anti-smuggling operation, Gadani Customs Enforcement Collectorate, with support from the Frontier Corps (FC) and local police, seized 30.5 metric tons of smuggled betel nuts of foreign origin along with four passenger buses near Ashok Pump, District Hub. The total estimated value of the seized goods and vehicles amounts to Rs252.5 million.
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Islamabad Weather Update: Thunderstorm Expected on January 1, 2026
Islamabad, December 31, 2025 — The Pakistan Meteorological Department (PMD) has issued a weather forecast for Islamabad, predicting cold and cloudy conditions with the likelihood of rain, wind, and a thunderstorm on January 1, 2026, particularly during the morning hours.
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Islamabad traders protest FBR’s POS device installation policy
Islamabad – Traders in the federal capital on Tuesday staged a protest against the Federal Board of Revenue’s (FBR) move to install Point of Sale (POS) devices at retail outlets, calling the policy a “black law” and demanding its immediate withdrawal.
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Met Office Forecasts Rain in Islamabad on December 31, 2025
Islamabad, December 30, 2025 – The Pakistan Meteorological Department (PMD) has forecast rainy and cloudy weather in Islamabad on Wednesday, December 31, 2025, as a westerly weather system continues to influence large parts of the country. The outlook is important for residents, travelers, and authorities as weather conditions may affect daily routines and traffic.
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Pakistan likely to reduce petrol and diesel prices from January 1, 2026
Pakistanis are expected to welcome the New Year with a reduction in fuel prices as global petroleum rates continue to decline.
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PRA launches major crackdown against tax defaulters across Punjab
Lahore, December 30, 2025 — The Punjab Revenue Authority (PRA) has launched a large-scale enforcement drive against tax defaulters, impounding records from 11 business outlets during inspections carried out across major cities of Punjab.
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