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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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 lodges FIR against gold jewelers in Lahore amid tax monitoring dispute
Lahore, April 29, 2026 — The Federal Board of Revenue (FBR) has lodged a First Information Report (FIR) against gold jewelers in Lahore after its officials faced resistance during a tax monitoring drive in the city’s major bullion markets.
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PM Shehbaz orders regulatory reforms to boost investment and exports
ISLAMABAD, April 28, 2026 — Prime Minister Shehbaz Sharif on Tuesday directed authorities to simplify regulatory processes, enhance investor facilitation, and accelerate digital transformation to boost both domestic and foreign investment in Pakistan.
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Pakistan eyes Rs350bn tax measures in 2026–27 budget under IMF plan
Islamabad, April 28, 2026 – Pakistan is preparing tax policy changes and sweeping removal of exemptions to raise around Rs350 billion ($1.26 billion) in additional revenue in the 2026–27 fiscal year, as part of commitments under its ongoing International Monetary Fund (IMF) programme, sources familiar with the matter said on Monday.
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SBP hikes policy rate to 11.5% as Middle East crisis fuels inflation shock
KARACHI, April 27 – The State Bank of Pakistan (SBP) raised its key policy rate by 100 basis points to 11.50% on Monday, warning that intensifying geopolitical tensions in the Middle East have significantly heightened risks to inflation, external stability and overall macroeconomic conditions.
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Pakistan issues new transit rules to boost trade corridor with Iran
ISLAMABAD – Pakistan has formally issued the “Transit of Goods through Territory of Pakistan Order 2026,” a strategic move aimed at streamlining the movement of commercial cargo between third countries and Iran via Pakistani soil.
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Pakistan cuts Karachi Port charges by up to 50% to aid exporters
KARACHI, April 26, 2026 – Pakistan has approved storage charge waivers of up to 50% at Karachi Port Trust (KPT) terminals, aiming to support exporters impacted by recent disruptions in Gulf-bound shipments, officials said on Sunday.
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Small solar users in Pakistan set for big policy relief
ISLAMABAD, April 26, 2026 — Pakistan’s Power Division has asked the National Electric Power Regulatory Authority to abolish application fees and remove licensing requirements for small-scale solar consumers, in a move aimed at accelerating renewable energy adoption.
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PM Shehbaz, Iran President Pezeshkian hold crucial talks on regional peace efforts
ISLAMABAD – Prime Minister Shehbaz Sharif held a detailed telephonic conversation with Iranian President Masoud Pezeshkian on Saturday, discussing ongoing diplomatic efforts and the evolving regional security situation.
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New petrol price: Govt prefers revenue over public relief
Islamabad, April 25, 2026 – The federal government on April 24, 2026, raised petrol prices despite a decline in ex-refinery rates, as higher petroleum levy adjustments outweighed relief from global oil movements. The latest revision has sparked debate over whether revenue needs are being prioritized over consumer relief in a period of persistent inflationary pressure across Pakistan.
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