3 d. ago PSX hits historic high as investor confidence grows amid economic stability

The Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday, crossing the 129,000-point mark for the first time in history. During intraday trading, the KSE-100 benchmark index surged by 1,251.46 points, reaching a record-breaking 129,450.46 points. This bullish rally was driven by investor optimism fueled by fresh equity allocations in the federal budget and […]

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3 d. ago Pakistan stocks climb above 129,000 in historic first amid economic stability

KARACHI – The Pakistan Stock Exchange (PSX) has surged to another unprecedented level after witnessing remarkable gains on Wednesday as

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5 d. ago New solar panel prices in Pakistan after 10% tax from July 2025

ISLAMABAD – Proposals made by the federal government in budget for next fiscal year 2025-26, including imposition of 10 percent

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8 d. ago PM Shehbaz calls 2025–26 budget a people’s budget, urges unity for growth

ISLAMABAD – Prime Minister Shehbaz Sharif on Friday said the federal budget 2025–26 reflects the aspirations of the people and is a product of collaboration and national interest. He made these remarks in a meeting with senators and MNAs, a day after the National Assembly passed the Rs17.6 trillion budget with strong support from coalition […]

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8 d. ago PSX surges after national assembly approves Rs17.6 trillion budget

The Pakistan Stock Exchange (PSX) showed strong recovery on Friday as the KSE-100 Index gained 1,581.77 points, rising 1.3% to reach an intraday high of 123,628.23. The index fluctuated between a low of 122,222.69 and the high during trading, reflecting positive market sentiment after the National Assembly approved the federal budget. Trading activity was robust, […]

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8 d. ago All opposition amendments rejected; Bilawal says PPP supported budget after all demands accepted

Budget sails through NA with sweeping tax reforms   The National Assembly on Thursday approved the Rs17.57 trillion federal budget

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9 d. ago Pakistan approves Rs17.57 trillion federal budget for 2025–26 with key tax reforms

The National Assembly of Pakistan has officially approved the Rs17,573 billion federal budget for the fiscal year 2025–26, passing the Finance Bill with a majority vote. All cut motions from the opposition were rejected during Thursday’s session. Under the approved budget, the Federal Board of Revenue (FBR) has set a tax collection target of Rs14,131 […]

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9 d. ago Pakistan’s national assembly passes budget for 2025–26 with amendments

The National Assembly of Pakistan has passed the federal budget for the upcoming fiscal year 2025–26. The approval came after several days of debate, discussions, and review by lawmakers during a special session held in Islamabad. Members of the assembly approved the Finance Bill 2025 through a clause-by-clause voting process, making it the official budget […]

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1 week ago Banking Sector Backs Federal Budget 2025–26 to Drive Inclusive Growth and Economic Stability

  Karachi, June 2025 — As a key partner in Pakistan’s economic development, the banking sector—under the aegis of the Pakistan Banks Association (PBA)—continues to play a vital role in supporting national priorities and advancing structural reforms. In close coordination with the Ministry of Finance (MoF), the State Bank of Pakistan (SBP) and other partners across […]

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1 week ago Malakand Division traders announce strike over new sales tax in federal budget

SWAT: Traders in Malakand Division have declared a complete shutter-down strike across all nine districts of the region on Wednesday, June 25, in protest against the imposition of a 10-percent sales tax in the federal budget for 2025-26. This decision was made during a large jirga (tribal council) of traders held in Mingora city, Swat […]

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1 week ago Sindh CM unveils ambitious fiscal plans, highlights Rs254b allocation for Karachi

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Monday concluded the provincial assembly’s budget debate for fiscal year 2025–26, outlining a series of development initiatives while defending the government’s allocations. In his address, Shah also criticized the federal government’s fiscal shortfalls and discussed how Sindh’s development budget is substantially higher than that of other […]

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1 week ago Textile exporters urge govt to fix budget anomalies and reconsider new tax rules

LAHORE – Pakistan’s leading textile exporters have urged the government to adopt key industry proposals through the Federal Board of Revenue’s (FBR) budget anomaly committee to safeguard export growth and jobs. In a joint post-budget meeting, the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) and the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) raised […]

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1 week ago Campaign launched to fortify cybersecurity of Pakistan’s banking sector

KARACHI – National Institute of Banking and Finance-Pakistan (NIBAF Pakistan) and Risk Associates have joined hands to strengthen the cybersecurity

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2 w. ago NIBAF, Risk Associates ink MoU to fortify cyber security of financial sector

To strengthen the cyber security and compliance readiness of the financial sector in Pakistan, National Institute of Banking and Finance-Pakistan (NIBAF Pakistan) and Risk Associates have forged a partnership by signing a Memorandum of Understanding (MoU). The MoU was signed by Co-CEO of NIBAF-Pakistan Lubna Farooq Malik and CEO of Risk Associates Dr Aftab Rizvi, […]

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2 w. ago Govt signs $4.5bn loans with local banks to ease power sector debt

The government has signed term sheets with 18 commercial banks for a Rs1.275 trillion Islamic finance facility to help pay off the mounting debt in its power sector, Power Minister Awais Leghari said on Friday. The government, which owns or controls much of the power infrastructure, is grappling with ballooning circular debt, unpaid bills and […]

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2 w. ago Govt secures Rs1.275 trillion Islamic loan to ease power sector debt

The Government of Pakistan has signed a major financial deal worth Rs1.275 trillion ($4.5 billion) with 18 commercial banks to reduce the country’s mounting power sector debt. The financing, based on Islamic principles, comes at a critical time when the sector is weighed down by unpaid bills, subsidies, and liquidity shortages. These issues have not […]

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2 w. ago Government Signs $4.5 Billion Loans With Local Banks To Ease Power Sector Debt

Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay down mounting debt in its power sector, government officials said on Friday. The government, which owns or controls much of the power infrastructure, is grappling with ballooning “circular debt”, unpaid bills and […]

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2 w. ago No more amnesty schemes as govt shifts focus to widening tax net: Finance Minister

ISLAMABAD – Finance Minister Muhammad Aurangzeb has made it clear that the upcoming federal budget will not include any tax amnesty schemes. He stated that the era of tax exemptions and reliefs for tax evaders is over, as the government now aims to expand the tax net and improve transparency in the system. During a […]

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2 w. ago Govt’s Rs2.5 per litre carbon tax plan rejected by senate committee

The Senate Standing Committee on Finance has rejected the government’s proposal to impose a Rs2.5 per litre carbon levy on fuel. This proposed levy, part of the federal budget, was expected to generate Rs48 billion to fund green energy projects. However, committee members expressed serious concerns over rising inflation and fuel prices already burdening the […]

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2 w. ago Government accepts four major PPP demands, clears path for federal budget approval

The government has accepted four key demands from its coalition partner, the Pakistan Peoples Party (PPP), paving the way for smooth approval of the federal budget in the National Assembly. These demands include a reduction in GST on solar panels and full restoration of funds for Sindh’s universities. During the budget debate on Wednesday, Deputy […]

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