24 h. ago Trump warns of 10% tariffs on BRICS allies as global tensions rise

U.S. President Donald Trump has threatened to impose an extra 10% tariff on any country aligning with the BRICS group, calling their actions “Anti-American.” The warning came just hours after BRICS leaders kicked off their annual summit in Rio de Janeiro on Sunday. Trump posted the statement on Truth Social, saying there would be no […]

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6 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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7 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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1 week 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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1 week 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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1 week 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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1 week 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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1 week 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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2 w. 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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2 w. 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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2 w. 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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2 w. ago Trump’s nobel nomination is an insult to peace, says barrister Saif

Khyber Pakhtunkhwa’s Information Adviser, Barrister Dr. Saif, has slammed U.S. President Donald Trump’s Nobel Peace Prize nomination, calling it “the ultimate form of slavery” and a disgrace to the concept of peace. He strongly opposed the nomination, saying it mocked the suffering of innocent civilians affected by Trump’s war decisions. In a bold statement, Dr. […]

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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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2 w. ago Sherry Rehman slams govt’s cuts in FY26 climate budget amidst rising temperatures

ISLAMABAD: Former climate change minister and Pakistan Peoples Party (PPP) Vice President, Senator Sherry Rehman, has strongly criticized the federal government’s decision to cut the environment protection budget in the fiscal year 2025-2026 budget, calling it an abdication of responsibility in the face of escalating climate challenges. During a press briefing on Wednesday, she noted […]

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2 w. ago Only 54% of federal development budget spent in first 11 months of FY25

The Ministry of Planning revealed that only 54% of Pakistan’s federal development budget was spent in the first 11 months of the current fiscal year 2024–25. This figure raises serious concerns about the government’s ability to execute planned projects on time. Between July 2024 and May 2025, the government spent Rs596.61 billion on development projects. […]

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2 w. ago President calls for targeted relief measures for salaried and underprivileged groups

ISLAMABAD: President Asif Ali Zardari on Tuesday called on the federal government to include effective measures in the upcoming federal budget to alleviate the financial burden on the salaried class, pensioners, laborers, and other underprivileged segments of society. The president emphasized the need for prioritizing the welfare of the common man during a meeting with […]

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2 w. ago Zardari and Shehbaz discuss economy and political climate in key meeting

President Asif Ali Zardari and Prime Minister Shehbaz Sharif met to discuss Pakistan’s current political and economic situation. During the meeting, Shehbaz Sharif briefed the president on his recent visit to the United Arab Emirates and shared key developments. They also exchanged views on the upcoming federal budget. President Zardari stressed the importance of strengthening […]

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