FBR Reports 610 Billion Rupee Revenue Shortfall for July-March Fiscal Period
The Federal Board of Revenue faces a significant revenue collection gap of Rs 610 billion against revised targets for the first nine months of the fiscal year 2025-26.
FBR and Jewelry Association Deadlock Over Section 175C Monitoring Powers
Negotiations between the FBR and APGJA end without agreement as jewelry traders protest the stationing of tax officials at business premises for real-time monitoring.
Pakistan Digital Authority Completes Petrol Subsidy App for Low Income Citizens
The federal government finalizes the petrol subsidy application to provide targeted fuel relief for motorcycle and rickshaw owners through BISP data integration.
Meezan Bank Expands Merchant Network and Raast Integration to Drive Cashless Economy
Meezan Bank scales its digital payment strategy by onboarding 140,000 new merchants and integrating Raast to accelerate Pakistan’s transition to a formal economy.
State Bank of Pakistan Introduces Independent Digital Banking Framework for Teenagers
The SBP launches a landmark framework allowing 26 million teenagers to own and operate independent bank accounts and digital wallets to boost financial literacy.
Government Ends Billing Relief on Excess Solar Generation Beyond Approved Limits
The federal government introduces Export MDI checks for net metering, removing credit for surplus solar energy produced beyond a consumer’s licensed capacity.
ECC Approves Transfer of 100 Billion Rupees to Prime Minister’s Austerity Fund 2026
The Economic Coordination Committee directs ministries to surrender development funds to offset petroleum price shifts amid regional tensions.
Punjab Government Establishes First Comprehensive Energy Policy and Regulatory Authority
The Punjab Energy Department partners with UNDP to launch the Electric and Power Regulatory Authority to enhance energy oversight and market efficiency.
Iman Mustafa Joins UBL as Senior Vice President to Lead Business Intelligence and Self Service
United Bank Limited appoints Iman Mustafa as Senior Vice President and Head of Business Intelligence to drive data analytics and digital transformation.
PakBanker Brief : PBA Report on Iran–GCC Conflict & Pakistan Banking System Exposure
Pakistan Banks Association report outlines how the Iran–GCC conflict is reshaping Pakistan’s banking system through energy costs, remittances, exchange rate pressure and liquidity dynamics.