Pakistan Revenue
Karachi waterfront plan aims to boost investment, jobs, and regional trade hub ambitions KARACHI: Pakistan has signed a Memorandum of Understanding (MoU) with Saudi Arabia and local partners to develop a 140-acre maritime land parcel in Karachi, in a major step aimed at boosting investment, employment, and port-led economic growth.
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The federal government has reduced the price of petrol by Rs4 per litre for the coming week, while keeping the price of high-speed diesel (HSD) unchanged.
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The Federal Board of Revenue (FBR) has dismissed a customs appraising officer from service after disciplinary proceedings found him guilty of inefficiency and misconduct in an LED TV import case that could have caused a significant loss to the national exchequer.
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The Sensitive Price Indicator (SPI)-based weekly inflation showed mixed movement during the week ended June 4, 2026, according to the Pakistan Bureau of Statistics (PBS). The data reflects ongoing volatility in essential commodity prices across urban markets, highlighting uneven inflationary pressures affecting households.
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Regulatory adjustment provides Rs67 billion relief, though fuel charges limit immediate benefit in June bills The National Electric Power Regulatory Authority (NEPRA) has approved a reduction of Rs1.98 per unit in electricity tariffs under the first quarterly adjustment of 2026, offering relief of more than Rs67 billion to power consumers across Pakistan.
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Cambridge International Education has confirmed that A Level Mathematics Paper 32 and Paper 12 in the June 2026 examination series will be conducted in the PM session under enhanced security arrangements.
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Apex court says time-scale promotion is a discretionary policy benefit, not an enforceable legal entitlement for government employees ISLAMABAD, June 4, 2026 — The Supreme Court of Pakistan has ruled that time-scale promotion is not a regular service promotion nor a vested legal right of government employees, but a policy-based concession available only to those […]
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SPARC urges higher cigarette taxes in FY2026-27 budget, saying tobacco use imposes a massive economic and public health burden on Pakistan Pakistan spends nearly seven times more on treating tobacco-related illnesses than it generates in tobacco tax revenues, underscoring the substantial economic and public health costs associated with smoking, according to the Society for the […]
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Power minister orders disciplinary action as CCMS data reveals widespread delays in complaint resolution across distribution companies Federal Minister for Power Sardar Awais Ahmed Khan Leghari has ordered immediate disciplinary action against underperforming officers of electricity distribution companies (DISCOs) following a review that revealed widespread delays in resolving consumer complaints across Pakistan.
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PIDE proposes hybrid wage-setting model linked to productivity, affordability and worker welfare The Pakistan Institute of Development Economics (PIDE) on Tuesday proposed raising the national minimum wage to Rs45,000 per month for fiscal year 2026-27 under a new evidence-based framework designed to reform wage determination and strengthen labour market governance.
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