20 h. ago Punjab unveils Rs52 billion package for farmers, youth, and roads

Punjab’s Provincial Development Working Party (PDWP) has approved nine major development projects worth more than Rs52.35 billion, aiming to support farmers, young graduates, and urban infrastructure. The second PDWP meeting for fiscal year 2025–26, chaired by Dr. Naeem Rauf, focused heavily on agriculture reforms and rural uplift. One of the biggest projects is the solarisation […]

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65 h. ago No salary cut on leave: Punjab ministers’ allowance increased

After recently increasing the salaries of Punjab’s ministers, the provincial government has also decided to raise their leave allowances. Now, ministers, the Speaker, and Deputy Speaker of the Punjab Assembly will receive their full salaries even when they are on leave. The Punjab Assembly passed the Punjab Public Representatives (Amendment) Bill 2025 in its latest […]

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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 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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7 d. ago Punjab assembly passes condemnation resolution over Swat tragedy

LAHORE – The Punjab Assembly has unanimously passed a condemnation resolution against the tragic incident in Swat, where 18 members of a single family were swept away by the river’s sudden flooding. Chief Whip Rana Arshad tabled the resolution, which expressed deep sorrow over the June 27 incident. According to the resolution, 13 members of […]

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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 Pakistan’s trade deficit with 9 neighboring countries crosses $1.1 billion

Pakistan’s trade deficit with its nine neighboring countries surged to $1.117 billion during the first 11 months of the 2025 fiscal year. The rise is mainly due to a sharp increase in imports from China, India, and Bangladesh, while exports to these countries fell. This imbalance has caused concern among policymakers and economists alike. Although […]

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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 Nepra cuts power purchase price to Rs25.98 per unit for FY26

The National Electric Power Regulatory Authority (Nepra) has reduced the national average Power Purchase Price (PPP) to Rs25.98 per unit for the upcoming fiscal year 2025-26. This marks a notable decrease of 3.77%, or Rs1.02 per unit, from the current Rs27 per unit, that is likely to alleviate pressure on electricity prices. According to Nepra’s […]

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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 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 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 Lawmakers call for charter of economy for sustainable growth

Resuming debate on budget for fiscal year 2025-26 on Friday, lawmakers at National Assembly emphasized the need to accelerate reforms, adhere to an export-led growth strategy, and develop a charter of economy to ensure policy consistency, which they said is essential for achieving sustainable development. Participating in the debate, Pakistan Peoples Party (PPP) MNA Dr. […]

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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 Balochistan Budget 2025: 10% Salary increase, 7% Pension raise approved

QUETTA – Balochistan government on Tuesday unveiled the Budget for fiscal year 2025-26, announcing major relief for government employees and

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2 w. ago Balochistan unveils Rs1.28 Trillion Budget for Fiscal Year 25

QUETTA – Finance Minister of Balochistan Mir Shoaib Nosherwani is presenting the provincial budget for the fiscal year 2025–26, with

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2 w. ago Sindh budget sparks criticism over big deficit and Karachi neglect

The Policy Research and Advisory Council (PRAC) has raised strong concerns about the Sindh government’s new budget for 2025–26. The council criticized the budget for increasing the fiscal deficit, cutting support to local governments, and neglecting Karachi’s development needs. This year’s budget shows a deficit of Rs38.5 billion, compared to a balanced budget last year. […]

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