11 h. ago Govt rebukes fake news claiming Pakistan plans nuclear strike on Israel

Deputy Prime Minister and Foreign Minister Ishaq Dar has strongly rejected what he called “irresponsible” and “fabricated” fake news circulating on social media, which falsely attributed to a senior Iranian general a claim that Pakistan would launch a nuclear strike on Israel in retaliation for any attack on Iran. Nearly 80 people, including top army […]

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69 h. ago Govt unveils Rs2.42 trillion circular debt plan, tariff changes await NEPRA nod

The Power Division has shared its plan with the National Assembly to tackle the massive Rs2.42 trillion circular debt in the energy sector. Minister Awais Leghari confirmed the strategy is part of the Circular Debt Management Plan, backed by the Ministry of Energy, Ministry of Finance, and a task force. He added that Rs1.2 trillion […]

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4 d. ago Solar panel prices surge as 18% import tax looms, traders and PSA sound alarm

  Solar panel prices have jumped sharply across Pakistan ahead of a proposed 18% sales tax on imports, expected from July 1, 2025. Though the tax is still pending formal approval, many sellers have already raised prices. This early increase has shocked consumers and stirred tension in the market. Some buyers are walking away after […]

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6 d. ago Honda, Suzuki and other motorcycle prices may increase from July 2025

LAHORE – The prices of motorcycles are expected to increase in Pakistan from July 2025 if the proposed budget for

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6 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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6 d. ago Budget 2025–26: Govt to roll out Rs17.6 trillion plan with major tax reforms

ISLAMABAD – The federal government will present a massive Rs17,600 billion budget for the fiscal year 2025–26 in the National Assembly today. The session will begin at 5 PM under the chairmanship of Speaker Ayaz Sadiq. Earlier, Prime Minister Shehbaz Sharif will lead a federal cabinet meeting at 4 PM to approve the budget draft. […]

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1 week ago Govt unveils Rs3.79 trillion growth plan to boost economy in FY25

ISLAMABAD – The government is all set to approve a massive Rs3.79 trillion national development budget today. The National Economic Council (NEC) meeting will be led by Prime Minister Shehbaz Sharif, where crucial economic targets for the next year will also be discussed. According to sources, Finance Minister Muhammad Aurangzeb will present the outline of […]

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3 w. ago Punjab Water Conservation: LHC orders govt to install  recycling plants  at all service stations 

LAHORE – The Lahore High Court on Thursday issued a landmark order mandating the installation of water recycling plants at

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3 w. ago What will be New Petrol Price in Pakistan after Budget 2025 as Govt plan raising Levy to Rs100?

ISLAMABAD – Pakistanis brace for additional taxes in upcoming budget as the government is planning stern measures to boost tax

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3 w. ago  Govt plans to raise petroleum levy over Rs100 per litre in IMF talks

The Pakistani government and the International Monetary Fund (IMF) have agreed to increase petroleum-related taxes in the next fiscal year. Sources say both sides discussed applying a Rs5 carbon levy on petroleum products. The proposal also includes raising the petroleum levy to more than Rs100 per litre. These steps aim to meet IMF revenue targets. […]

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4 w. ago Govt shares captive power levy plan with IMF to cut electricity prices

The federal government has officially presented its plan to the International Monetary Fund (IMF) for reducing electricity prices using revenue from a newly introduced Captive Power Levy. According to estimates, the first phase will lower electricity rates by Rs0.90 per unit, offering relief amid inflation and rising utility costs. Initially, a 5% levy has been […]

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4 w. ago Record petrol levy hike expected from july as govt plans Rs194 billion increase

ISLAMABAD – Starting July 1, 2025, Pakistani citizens may face the highest petroleum levy in the country’s history, as the government prepares to impose an additional burden of Rs194 billion in the upcoming fiscal year. This increase is part of the government’s target to collect Rs1,311 billion in petroleum levy during the 2025–26 financial year. […]

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