6 h. 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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8 h. 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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29 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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35 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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6 d. ago Khyber Pakhtunkhwa announces no new taxes in upcoming budget

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has announced that the provincial government will not impose any new taxes this fiscal year. Speaking on the province’s financial discipline, Gandapur emphasized that Khyber Pakhtunkhwa has not taken any new loans but allocated Rs150 billion for loan repayments, ensuring responsible debt management. The CM highlighted the […]

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7 d. ago Opposition bet on Pakistan’s default, says information minister Atta Tarar

ISLAMABAD: Federal Information Minister Atta Tarar has accused opposition leaders of betting on Pakistan’s economic default, saying their negative expectations have proven wrong. Speaking to the media in Islamabad, he stated that Pakistan is now moving towards economic stability after narrowly avoiding default. He expressed optimism about the upcoming federal budget, calling it “one of […]

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7 d. ago Freelancers warn govt: Tax plan threatens $1B+ in foreign earnings

Pakistan’s freelancers and digital content creators are strongly opposing proposed tax measures in the upcoming federal budget. They believe such policies will hurt the fast-growing digital economy. Experts argue the focus should be on boosting foreign exchange earnings, not taxing struggling freelancers. They are urging the government to support digital workers who bring in millions […]

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7 d. ago PSX surges past 122,400 points as investors eye 2025–26 federal budget

KARACHI – The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend on Tuesday, with the benchmark KSE-100 Index climbing

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1 week ago Sindh CM vows budget relief for salaried class, slams power companies

SEHWAN – Sindh Chief Minister Murad Ali Shah has assured the public that the upcoming provincial budget will bring much-needed relief for the salaried class. Speaking to the media in his hometown, he acknowledged the severe impact of inflation on working individuals and promised that the Sindh government is committed to easing their financial burden. While […]

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1 week ago Government allocates funds for new industrial development projects in upcoming budget

The government has announced plans to allocate significant funds in the next fiscal year’s budget to promote industrial growth and development across Pakistan. These initiatives focus on creating special economic zones and expanding industrial units to boost manufacturing and employment. One key proposal is the allocation of Rs. 500 million for establishing a Special Economic […]

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1 week ago PSX pulls back slightly after historic surge, investors eye upcoming budget

KARACHI – After hitting an all-time high on Wednesday, the Pakistan Stock Exchange (PSX) took a breather on Thursday, with the KSE-100 Index closing down by 157.86 points, or 0.13 percent. The market saw mixed trading as investors booked profits and awaited clarity on the upcoming federal budget. The index opened on a weak note, […]

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2 w. ago APBF pushes for robust SME sector in next budget to boost employment

The All Pakistan Business Forum (APBF) on Monday called on the federal government to place small and medium-sized enterprises (SMEs) at the heart of the upcoming Federal Budget 2025-26, warning that without immediate and meaningful support, the backbone of Pakistan’s economy could face serious setbacks. In a policy meeting held in Lahore to finalize recommendations […]

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2 w. ago Pakistan proposes Rs4,083 billion national development budget for next fiscal year

Pakistan is planning to set a total national development budget of Rs4,083 billion for the upcoming fiscal year, according to official documents reviewed by Dawn News. This includes both federal and provincial allocations aimed at boosting infrastructure, energy, and social sector development. The proposed federal development budget stands at Rs1,000 billion. In addition, Rs288 billion […]

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2 w. ago P@SHA urges government to avoid new IT taxes, warns of 600,000 job losses

Tech industry leaders call for fixed tax regime and investor-friendly reforms in FY26 budget The Pakistan Software Houses Association (P@SHA) has urged the federal government to avoid introducing new taxes on the IT sector in the upcoming national budget. Scheduled for June 10, the budget is seen as critical for Pakistan’s growing tech industry, which […]

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2 w. ago Shehbaz unveils Rs250bn for Balochistan: “No room for injustice or neglect”

QUETTA – Prime Minister Shehbaz Sharif announced on Saturday that Balochistan will receive Rs250 billion in the upcoming national development budget for fiscal year 2025–26. Speaking at the Balochistan Grand Jirga in Quetta, the premier stressed that these funds must be spent transparently and efficiently to bring real, on-ground change to the province. He praised […]

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2 w. ago Industrial raw materials duty cuts under review for FY26 budget: Commerce committee updates

Prime Minister’s Special Assistant on Industries and Production, Haroon Akhtar Khan, is set to present proposals for reducing duties on industrial raw materials in the upcoming fiscal year 2025–26 budget. These measures aim to boost local manufacturing by making raw materials and industrial machinery more affordable. The proposals were discussed in the National Assembly Standing […]

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2 w. ago Govt to end tax relief for tribal areas in next budget, aims to raise Rs45 billion

The federal government plans to end the sales tax exemption for former tribal areas in the upcoming 2025-26 budget. This move could help the government raise over Rs45 billion in revenue. The decision will also impact electricity supplies to the ex-FATA and PATA regions, ending years of tax relief provided after their merger with Khyber […]

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2 w. ago PSX nears 119,000 as global rally and budget hopes boost market

The Pakistan Stock Exchange (PSX) soared on Thursday, with the KSE-100 Index climbing 638 points to close at 118,971. The market followed strong global cues after a U.S. court blocked tariffs by President Donald Trump. Investors also showed renewed hope ahead of Pakistan’s upcoming budget. Throughout the session, market sentiment stayed positive. The index touched […]

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3 w. ago Pakistan shares Rs3 trillion gas sector circular debt plan with IMF

The Pakistani government has formally presented a comprehensive plan to the International Monetary Fund (IMF) aimed at eliminating the mounting Rs3 trillion circular debt in the gas sector. This initiative is part of the country’s upcoming budget preparations and a broader effort to stabilize the energy sector. According to official sources, the Petroleum Division crafted […]

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3 w. ago No final decision yet on civil, military salaries; tax relief planned for salaried class: Finance Minister

Finance Minister Muhammad Aurangzeb has said that no final decision has been made yet on salary increases for civil and military employees in the upcoming budget. However, the government is actively working on measures to reduce the tax burden on the salaried class. Speaking at an event in Islamabad, Aurangzeb stated, “While no concrete announcement […]

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