Karachi, April 30, 2026 — Karachi, Pakistan’s financial and commercial hub, is expected to experience very hot and intense weather conditions as May 2026 begins, with high temperatures and dangerous heat levels forecast for several days.
(more…)Author: Mrs. Anjum Shahnawaz
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Apex court upholds super tax as constitutional in landmark ruling
Islamabad, April 30, 2026 — The Federal Constitutional Court of Pakistan has upheld the legality of the super tax, declaring Section 4C of the Income Tax Ordinance, 2001 constitutional and overturning earlier judgments of the Islamabad High Court.
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Pakistan inflation may cross 10% in April 2026
Karachi, April 30, 2026 — Pakistan’s headline inflation is expected to surge into double digits in April 2026, driven by rising fuel and food prices, according to a research report by Insight Securities.
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Pakistan Exports First Land Consignment to Kyrgyzstan
Islamabad, April 30, 2026 — Pakistan has successfully exported its first consignment to Kyrgyzstan via a land route, marking a major milestone in strengthening regional trade connectivity.
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Shehbaz Sharif Launches Rs3.2 Trillion Apna Ghar Housing Program
Islamabad, April 30, 2026 — Shehbaz Sharif on Thursday launched a landmark five-year Rs3.2 trillion “Apna Ghar Program”, aimed at constructing 500,000 affordable homes across Pakistan for low-income citizens.
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CCP approves PIA acquisition by Arif Habib-led consortium in key privatization move
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of Pakistan International Airlines Corporation Limited (PIA) by a consortium led by Arif Habib Corporation Limited, marking a major step in the government’s privatization drive.
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Karachi declares heatwave emergency, KMC activates hospital response
Karachi, April 29, 2026 — Karachi Metropolitan Corporation has declared a heatwave emergency across the city as authorities brace for severe weather conditions, following directives from Mayor Murtaza Wahab.
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Federal Tax Ombudsman uncovers major tax system hack involving fake GST claims
Islamabad, April 29, 2026 — The Federal Tax Ombudsman (FTO) has exposed a significant cyber intrusion into Pakistan’s tax system, resulting in the unauthorized revision of a taxpayer’s sales tax return and fraudulent adjustment of input tax credit worth millions of rupees.
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National Accountability Bureau Recovers Nearly Rs3 Trillion in Q1 2026
Islamabad, April 29, 2026 — The National Accountability Bureau (NAB) reported a record recovery of approximately Rs2.96 trillion during the first quarter of 2026, reflecting a dramatic surge in performance driven by reforms and targeted enforcement strategies.
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Pakistan to determine new petroleum prices on May 1 amid global oil surge
Islamabad, April 29, 2026 — Pakistan is set to determine new petroleum prices on Friday, May 1, as Prime Minister Shehbaz Sharif expressed concern over the recent surge in global crude oil prices and its impact on the national economy.
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