Toshakhana is a government-owned department administered by the cabinet division of Pakistan, has become a contentious issue in the recent decade due to the perception that it is used as a tool for corruption and for making assets by the state functionaries and also having uncertainty in its procedural laws. The masses are unlettered about the concept of Toshakhana which leads to controversies amongst the subjects of the state. The current study looked into its basic concept, regulations and procedural management. It also analyzed defects and misappropriations of valuable items by the state functionaries. Data was collected from secondary sources like existing rules, regulations, E-papers, talk shows and news on different channels and processed through qualitative research analysis. The lack of exclusive procedural laws on this subject and poor implementation of prevailing rules came out as the main conclusion and also led to drawing recommendations for adequate monitoring and management of Toshakhana.