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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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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FBR assures IMF of meeting FY26 tax target with new plan
Islamabad, March 6, 2026 – The Federal Board of Revenue (FBR) has shared a detailed revenue collection strategy with the International Monetary Fund (IMF), expressing confidence that Pakistan will achieve its revised tax target for the fiscal year 2025–26 despite a significant shortfall in collections so far.
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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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Bulls stampede on PSX, KSE-100 jumps 5,433 points
Karachi: The benchmark KSE-100 Index at the Pakistan Stock Exchange (PSX) staged a powerful rally on Thursday, gaining 5,433 points amid strong investor confidence and heavy institutional buying.
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PM committee moves to curb petroleum hoarding amid global energy turmoil
Islamabad, March 4, 2026 – A high-level committee formed by Prime Minister Shehbaz Sharif on Wednesday underscored the urgent need to prevent hoarding of petroleum products amid ongoing regional tensions and global energy market volatility.
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Pakistan turns to Saudi Yanbu Port for oil amid Strait of Hormuz Tensions
Islamabad, March 4, 2026 – Pakistan is exploring alternative oil supply routes via Saudi Arabia’s Yanbu Port on the Red Sea, bypassing the Strait of Hormuz, amid escalating tensions in the Middle East affecting global energy flows.
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OGDCL uncovers major oil and gas find in Khyber Pakhtunkhwa, Pakistan
Karachi, March 4, 2026 – The Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Pakistan’s Khyber Pakhtunkhwa (KP) province, marking a major boost for the country’s indigenous energy resources.
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Pakistan passes Virtual Assets Bill 2026, legalizes cryptocurrency nationwide
Islamabad, March 3, 2026 – In a landmark move for the country’s financial sector, Pakistan’s National Assembly on Tuesday passed the Virtual Assets Bill, 2026, officially legalizing cryptocurrencies and establishing a regulatory framework for digital assets. The legislation, introduced by Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry, had already been approved by the Senate earlier this year.
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PM Shehbaz hails digital banking boom: 127 million Pakistanis go cashless
Islamabad, March 3, 2026 – During a review meeting chaired by Prime Minister Muhammad Shehbaz Sharif on Tuesday, officials reported that the number of individuals benefiting from digital banking in Pakistan has surpassed 127 million.
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