3 d. ago New tax rate for used imported cars of up to 1500cc from July 2025

ISLAMABAD – The federal government has slashed duty/tax on used imported cars from July 2025 as the budget for new

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4 d. ago No name change for Jinnah institute of cardiology, says Maryam Aurangzeb

Senior Punjab Minister Mariam Aurangzeb has strongly denied rumors about changing the name of the Jinnah Institute of Cardiology in Lahore. She clarified that no proposal is under consideration to rename the institute after Maryam Nawaz. The Punjab government has officially allocated funds for the hospital under its original name in the 2025-26 development budget, […]

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4 d. ago New fiscal year brings heavy taxes, online business rules, and fuel levy hike

As the new fiscal year begins on July 1, Pakistan has officially enforced the 2025-26 budget after receiving presidential approval from Asif Ali Zardari. The budget introduces strict tax measures and financial changes that are expected to affect individuals and businesses across the country. The government has imposed Rs 389 billion in enforcement actions and […]

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5 d. ago Bahbood, Defence Savings New Profit Rates after 30pc Withholding Tax for Non

ISLAMABAD – A Withholding tax rate of 30% has been set on profit earned from National Saving Schemes for individuals

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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 Pakistan welcomes tweaks in UN report on children, armed conflict

Pakistan has welcomed the decision announced by the United Nations Secretary General to remove its references to Pakistan from the Annual Report on Children and Armed Conflict. In a statement, the Foreign Office Spokesperson said this significant outcome is a testament to the government of Pakistan’s constructive, sustained, and intensive engagement with the United Nations, […]

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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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9 d. ago PM lauds economic team for balanced budget, highlights Pakistan’s role in Iran

PM Shehbaz welcomes ceasefire between Israel and Iran, terming it a crucial step in avoiding further escalation and loss Directs the authorities concerned to ensure strict law and order during processions and majalis across the country ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif lauded the entire economic team, particularly Finance Minister Muhammad Aurangzeb, for their hard […]

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9 d. ago PPP resists ‘draconian powers’ for tax authorities amid budget approval tensions

ISLAMABAD: The Pakistan Peoples Party (PPP) has refused to support the government’s proposal to grant the Federal Board of Revenue (FBR) arrest powers in tax fraud cases, a move which has intensified negotiations between the ruling coalition partners ahead of the budget’s approval by the National Assembly. Deputy Prime Minister Ishaq Dar reached out to […]

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9 d. ago Punjab assembly passes Rs5,300 billion budget for fiscal year 2025–26

LAHORE, June 26, 2025 — The Punjab Assembly on Thursday approved the Punjab Finance Bill 2025–26 by a majority vote, passing the province’s annual budget with a total volume of Rs5,300 billion for the upcoming fiscal year. The approved budget includes Rs4,329 billion in demands for grants, covering a wide range of sectors including health, […]

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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 Hyundai Tucson Expected Price in Pakistan after New Green Tax in Budget 2025

ISLAMABAD – Hybrid Car prices in Pakistan are expected to climb high as Green Taxes will push prices of Hyundai

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1 week ago Sindh assembly passes Rs 3.45 trillion budget with focus on health and education

The Sindh Assembly has officially passed the provincial budget for the fiscal year 2025–26. The budget session began on June 13, during which Chief Minister Murad Ali Shah presented the detailed financial plan. This budget aims to boost social sectors and improve public services across the province. The total budget is Rs 3.451 trillion, reflecting […]

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1 week ago ‘I think minus Imran has happened’, says Aleema on passage of KP budget

Aleema Khan, sister of incarcerated former prime minister Imran Khan, on Tuesday reacted to the claims that her brother was no longer relevant in the country’s politics as the Khyber Pakhtunkhwa Assembly passed the provincial budget for the fiscal year 2025-26. Speaking to the media outside Adiala jail in Rawalpindi, Aleema was asked whether ‘Imran […]

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1 week ago No More Withholding Tax for THESE property Owners after Budget 2025 tweaks in Pakistan

ISLAMABAD – Budget 2025 brings new update for property owners as there will be no more tax if you have

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1 week ago Govt unveils Rs28.8 trillion budget for essential expenses in FY 2025

ISLAMABAD – The federal government has tabled a massive Rs28.8 trillion compulsory expenditure bill for the fiscal year 2025-26, showing a 17% decrease from the previous year due to falling interest rates. Finance Minister Muhammad Aurangzeb presented the bill in the National Assembly, detailing essential “charged expenditures” such as debt servicing and operational costs of […]

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1 week ago KP assembly passes budget without Imran Khan’s approval, opposition boycotts session

The Khyber Pakhtunkhwa (KP) Assembly passed the provincial budget for the fiscal year 2025–26 without meeting former Prime Minister Imran Khan. Chief Minister Ali Amin Gandapur had previously stated the budget would not be finalized without Khan’s approval. However, the assembly approved the budget late last night. In total, the assembly approved Rs1,962 billion for […]

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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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