14 h. ago PTI seeks PPP support for budget walkout in parliamentary meeting

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has formally reached out to the Pakistan Peoples Party (PPP) for support in boycotting the upcoming federal budget vote. The two parties held a key meeting at Parliament House on Monday, where PTI leader and former National Assembly Speaker Asad Qaiser met with PPP’s Raja Pervaiz Ashraf, also a former speaker, […]

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18 h. ago Ali Zafar slams budget 2025, warns it could paralyze Pakistan’s industry

ISLAMABAD – PTI Senator Ali Zafar has sharply criticized the federal government’s proposed budget, warning that it could seriously damage Pakistan’s already struggling industrial sector. He accused the authorities of burdening the economy with excessive taxes and flawed fiscal policies. Speaking during a Senate session on Monday, Zafar questioned the government’s claim that new taxes […]

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20 h. ago PTI proposes PPP boycott of federal budget to block government’s approval

Pakistan Tehreek-e-Insaf (PTI) has formally urged the Pakistan Peoples Party (PPP) to boycott the upcoming federal budget vote. This strategic move aims to increase pressure on the government and block the budget’s approval in the National Assembly. Senior PTI leader Asad Qaiser met with PPP’s Raja Pervez Ashraf at Parliament House to discuss a joint […]

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22 h. ago PTI formally offers PPP to boycott budget vote under major political turn  

ISLAMABAD – A major political turn has emerged ahead of the federal budget for the fiscal year 2025–26, as Pakistan

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23 h. ago PM takes notice of proposal to arrest traders over tax fraud

ISLAMABAD –  Prime Minister Shehbaz Sharif on Monday took notice of a proposal included in the federal budget that would

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23 h. ago Petrol, diesel prices surge after budget; govt adds new carbon levy

ISLAMABAD – Just days after announcing the federal budget, the government has increased petrol and diesel prices, further burdening the public amid rising inflation. According to the Ministry of Finance, the price of petrol has gone up by Rs4.80 per litre, while high-speed diesel has seen an even sharper hike of Rs7.95 per litre. With […]

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46 h. ago Lawmakers urge tax relief, slam harsh measures in federal budget debate

ISLAMABAD – Lawmakers from across party lines voiced strong concerns during the National Assembly’s budget debate on Saturday, calling for meaningful tax relief for the public and opposing aggressive tax enforcement measures. While some appreciated key incentives, many demanded greater fairness and economic balance in the 2025-26 federal budget. Defence Minister Khawaja Asif said Pakistan […]

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46 h. ago Sindh CM unveils bold budget plan, slams centre over withheld funds and project cuts

KARACHI – Sindh Chief Minister Murad Ali Shah laid out the province’s fiscal and development agenda during a post-budget press conference on Saturday, while sharply criticising the federal government for financial shortfalls. He revealed that Sindh was informed just a day before the budget announcement that Rs105 billion in expected federal funds would be withheld. […]

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66 h. ago PPP not to support federal budget if demands are not met: CM Sindh

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has threatened that PPP will not support the federal budget if their demands, including withdrawal of proposed 18 percent tax on solar panels, are not fulfilled by the Centre. Addressing his post-budget press conference in Karachi on Saturday, CM Murad Ali Shah said “Sindh is not a […]

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2 d. ago Sindh CM unveils Rs3,450 billion budget with record development plans

Sindh Chief Minister Murad Ali Shah has presented a record Rs3,450 billion budget for the fiscal year 2025–26. He announced that the province plans to complete 1,460 development schemes this year, a significant jump from 603 last year. The chief minister emphasized that if the federal government releases full funds, the development budget may increase […]

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4 d. ago Ahsan highlights development priorities, says Balochistan put on accelerated path

Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, while highlighting development priorities of the government, said here on Thursday that Balochistan has been put on accelerated development path for which Rs230 billion have been earmarked in the federal budget 2025-26. Addressing a press conference here, the minister said, development of Balochistan was […]

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4 d. ago Big push for affordable housing: Rs5 billion subsidy in federal budget

The federal government has allocated Rs5 billion in the FY26 budget for a new low-cost housing scheme. This scheme will provide a mark-up subsidy on loans to make home financing easier. The government will work with the State Bank of Pakistan to launch the program soon, aiming to help more people afford homes. Under this […]

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5 d. ago Pakistan’s plan to sharply increase growth faces headwinds – analysts

Pakistan is aiming to sharply increase economic growth under its annual federal budget unveiled on Tuesday, but analysts are skeptical about the country’s ability to meet its ambitious goals. The budget targets higher revenues and a steep fiscal deficit cut under International Monetary Fund (IMF) backed reforms. Yet, defense spending was hiked 20 percent, excluding […]

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5 d. ago Punjab CM approves 10% raise in salaries, 7% in pensions of govt employees

CM convenes Punjab Cabinet for budget approval on June 13 before its presentation in Provincial Assembly LAHORE: A day after the announcement of the federal budget for fiscal year 2025-26, Punjab Chief Minister Maryam Nawaz on Wednesday approved a 10 percent raise in salaries and a seven percent raise in the pensions of the provincial […]

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5 d. ago Govt increases military and civilian pension budget by Rs74 billion for FY2025–26

ISLAMABAD – In the federal budget for FY2025–26, the government has increased allocations for pensions by Rs74 billion, setting aside a total of Rs1,055 billion. The largest share, Rs742 billion, has been earmarked for military pensions, while Rs243 billion is allocated for civilian pensions. Compared to the current fiscal year, military pensions have seen a […]

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5 d. ago Tax relief proposed for fertilizers, pesticides—but farmers still disappointed

In the newly announced federal budget 2025–26, the Pakistani government has proposed to continue sales tax exemptions on fertilizers and pesticides, in an attempt to support the agriculture sector, considered the backbone of the economy. Despite this relief, key stakeholders have voiced dissatisfaction, saying many promises remain unfulfilled. During his budget speech in Parliament, Finance […]

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5 d. ago Govt allocates Rs1.1 billion to boost sports infrastructure in federal budget

The federal government has allocated Rs1.1 billion for sports development under the Public Sector Development Programme (PSDP) for the fiscal year 2025-26. The move aims to improve sports facilities across the country and promote youth participation in physical activities. According to the budget documents, two new schemes are included in this year’s PSDP. One major […]

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6 d. ago Business community criticises federal budget for overlooking economic reforms

LAHORE – The business community welcomed the overall federal budget for FY-2025- 26 but criticised the government for neglecting women,

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6 d. ago Pakistan’s budget 2025: Salary hike, tax cuts, and economic growth

Pakistan’s federal government has presented a historic budget of 175 trillion rupees for the 2025-26 fiscal year. The budget was unveiled by Finance Minister Muhammad Aurangzeb in the National Assembly, amid protests from opposition members. In his speech, the minister emphasized economic progress and congratulated Pakistan’s leadership for its recent victory in the war with […]

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6 d. ago Budget 2025 imposes 18% tax on imported solar panels to boost local industry

The federal government presented the Budget 2025-26 in the National Assembly today. Finance Minister Muhammad Aurangzeb unveiled a key proposal aimed at reforming the country’s sales tax system. One of the major changes includes imposing a new tax on solar panel imports. The finance minister announced an 18% sales tax on imported solar panels. This […]

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