Massive customs fraud exposed at Jinnah International as FBR seizes Rs103 million consignment and initiates arrests over fake clearances. The Federal Board of Revenue (FBR) has unearthed a major customs duty and tax evasion scam at Karachi’s Jinnah International Airport, involving the illegal clearance of high-value electronics worth hundreds of …
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Pakistan’s weekly inflation rose 0.56% for the week ending October 2, 2025, driven by sharp increases in key food and fuel items, led by tomatoes. Aftab Maken Pakistan’s Sensitive Price Indicator (SPI), a key measure of short-term inflation, registered a 0.56% increase for the week ending October 2, 2025, reflecting …
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Exports rise over 12% as imports decline, improving the monthly trade balance significantly. BeNewz Report Pakistan’s trade deficit witnessed a notable contraction in September 2025, driven by a rise in exports and a significant reduction in imports, according to the latest figures released by the Pakistan Bureau of Statistics. The …
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Economic Coordination Committee sanctions major fiscal outlays and trade facilitation measures in latest meeting chaired by Finance Minister Muhammad Aurangzeb. Aftab Maken The Economic Coordination Committee (ECC) of the Cabinet approved over Rs. 24 billion in supplementary grants and authorized amendments to Pakistan’s barter trade policy with regional countries during …
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Digital transport card system stalls amid technical glitches and citizen frustration Aftab Maken The Punjab government’s digital transport initiative, the T-Cash card system, has come to a standstill after its online registration portal went offline due to technical malfunctions. Citizens across major cities including Lahore, Rawalpindi, and Faisalabad are facing …
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BeNewz Report The Competition Commission of Pakistan (CCP) has approved the acquisition of Telenor Pakistan and Orion Towers by Pakistan Telecommunication Company Limited (PTCL), subject to conditions aimed at maintaining competition and protecting consumers. PTCL’s 100% acquisition of Telenor Pakistan (Pvt.) Ltd. and Orion Towers (Pvt.) Ltd. has been conditionally …
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FBR grants extension for Tax Year 2025 after appeals from traders, tax bars BeNewz Report The Federal Board of Revenue (FBR) has officially extended the deadline for filing income tax returns for the Tax Year 2025 to October 15, 2025. The decision was made under Section 214A of the Income …
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Government raises POL prices from Oct 1 following OGRA’s recommendations BeNewz Report The Government has increased petroleum prices for the first half of October 2025, with petrol and diesel rates going up by more than Rs 4 per litre. The revised rates, effective from October 1, follow recommendations by the …
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LPG consumer price drops 3.13% as Saudi Aramco CP declines, effective October 1 BeNewz Report The Oil and Gas Regulatory Authority (OGRA) has reduced the maximum price of liquefied petroleum gas (LPG) for October 2025, with a Rs79.14 drop per standard 11.8 kg cylinder for consumers, effective from October 1. …
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Industrial growth, fiscal surplus, and rising remittances support recovery in early FY2026 despite climate disruptions. BeNewz Report Pakistan’s economy has shown early signs of stabilization and moderate recovery during the first two months of FY2026, despite being battered by severe floods since July. According to the Monthly Economic Update & …
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