Prime Minister Muhammad Shehbaz Sharif on Wednesday reaffirmed the government’s unwavering commitment to expanding housing opportunities for low- and middle-income citizens, stating that affordable housing remains a top national priority.
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OGRA approves gas price hike for SNGPL consumers
Karachi, May 21, 2025 – The Oil and Gas Regulatory Authority (OGRA) has approved a 6.6% increase in gas prices for consumers of Sui Northern Gas Pipelines Limited (SNGPL), a significantly smaller hike than the 40–42% increase demanded by the utility.
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Pakistan to raise petroleum levy to Rs100 per liter: report
Islamabad, May 20, 2025 — In a move set to impact fuel prices nationwide, Pakistan is preparing to hike the petroleum levy to Rs100 per liter starting July 2025, according to a report published by The News.
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SBP launches cashless drive for Eid cattle markets
Karachi, May 20, 2025 – The State Bank of Pakistan (SBP) has officially launched a comprehensive nationwide campaign titled “Go Cashless” aimed at promoting digital payments and significantly reducing reliance on cash transactions during the upcoming Eid-ul-Azha festivities.
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Senate Passes Trade Organizations (2nd Amendment) Bill, 2025
The Senate on Monday unanimously passed the Trade Organizations (Second Amendment) Bill, 2025, following its earlier approval by the National Assembly.
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FBR urged to reinstate sales tax on petroleum products in budget
Karachi, May 18, 2025 – The Federal Board of Revenue (FBR) has been strongly urged to reinstate the sales tax on petroleum products in the upcoming 2025-26 federal budget, as per detailed tax proposals submitted by the Overseas Investors Chamber of Commerce and Industry (OICCI).
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National Assembly approves major tax relief for banks in Pakistan
Islamabad, May 17, 2025 – In a significant move aimed at easing the financial burden on Pakistan’s banking sector, the National Assembly has ratified the Income Tax (Amendment) Bill, 2024, which offers substantial tax relief for banks.
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Cambridge International Education probes exam paper leaks
Cambridge International Education has launched an urgent investigation into reports of leaked examination questions during the ongoing exam season, following widespread concern from students, parents, and school communities.
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Sindh withdraws law allowing commercial use of residential plots
KARACHI: The Sindh Building Control Authority (SBCA) has officially withdrawn a contentious notification that had permitted commercial activities on residential plots.
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Pakistan keeps petrol price unchanged until May 31, 2025
In a recent announcement, the government of Pakistan has decided to maintain the current petrol price at Rs252.63 per litre for the second half of May 2025.
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