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News
Tomatoes Are the New Gold! Pakistanis Paying Up to Rs. 550 Per Kg Despite Iranian Imports
2+ hour, 32+ min ago (348+ words) Tomatoes have become one of Pakistan’s costliest kitchen staples, with retail prices soaring to Rs. 550 per kilogram despite the arrival of imported Iranian supplies. Consumers across the country say the imports have brought little relief, as soaring retail rates continue…...
FBR’s Tobacco Revenue Jumps as Rs. 329 Billion Collected in FY2025-26
2+ day, 2+ hour ago (317+ words) The Federal Board of Revenue (FBR) collected Rs. 329 billion in Federal Excise Duty (FED) and General Sales Tax (GST) from Pakistan’s tobacco sector during fiscal year 2025-26. According to official sources, the collection increased by Rs. 45 billion compared with Rs. 284 billion…...
Tomato Rates Jump to Rs. 500 Per Kg in Just 15 Days
2+ day, 3+ hour ago (150+ words) Tomato prices have witnessed a sharp increase in Rawalpindi, creating additional financial pressure on citizens, especially middle- and low-income families. According to market sources, limited supplies of tomatoes in local vegetable markets have pushed up wholesale rates. Retailers have passed…...
LPG Price Shock as Pakistanis Pay Rs. 500 Per Kg Despite Official Rs. 241 Rate
5+ day, 3+ hour ago (153+ words) LPG dealers in Shakargarh and nearby areas are selling gas at more than double the official price, creating problems for consumers. The government has fixed the LPG price at Rs. 241 per kilogram. However, local shopkeepers are selling it for Rs....
Govt Plans to Cut Hybrid Vehicle Sales Tax from 25% to 18%
5+ day, 49+ min ago (232+ words) The federal government is considering reducing the sales tax on imported and locally supplied hybrid electric vehicles (HEVs) from 25% to 18%, in a move aimed at easing prices for consumers and encouraging the adoption of fuel-efficient vehicles. According to official sources,…...
Pakistan's Annual Petroleum Import Bill Exceeds IMF Forecast
5+ day, 3+ hour ago (167+ words) Pakistan’s annual oil import bill rose to $16.86 billion in fiscal year 2025-26 (FY26), exceeding the International Monetary Fund’s (IMF) estimate by $1.58 billion as rising Middle East tensions drove global oil prices higher. According to official documents, the IMF had projected Pakistan’s oil…...
Govt Slashes Profit Rates on National Savings Schemes
1+ week, 47+ min ago (178+ words) The federal government has revised the profit rates on Pakistan’s National Savings Schemes, reducing returns on most conventional investment certificates while increasing rates on selected Islamic savings products. According to a notification issued by the Ministry of Finance, the revised…...
Airfares Under Pressure After Massive Jet Fuel Price Hike in Pakistan
6+ day, 23+ hour ago (274+ words) The federal government has significantly increased the price of jet fuel (JP-1), adding further pressure on Pakistan’s aviation sector as global oil prices remain volatile. According to official sources, the price of jet fuel has been raised by Rs. 40.35 per…...
Pakistan Spends $6.05 Billion on Imports in One Month as Petroleum Purchases Surge
1+ week, 2+ hour ago (450+ words) Pakistan’s import payments through banks increased to $6.05 billion in June 2026, compared with $4.87 billion in the same month last year, according to State Bank of Pakistan (SBP) data. The petroleum group recorded the highest import bill among major categories. Its imports…...
Pakistan’s Food Import Bill Surges to $9.15 Billion as Exports Plunge 29%
1+ week, 20+ hour ago (396+ words) Pakistan’s food import bill increased by 11.66% to $9.15 billion in fiscal year 2025-26, compared with $8.19 billion in the previous year, according to official data. The rise mainly came from higher imports of sugar and edible oil as the country increased purchases to…...