Finance Minister Muhammad Aurangzeb on Saturday asserted that the proposed budget for the next fiscal year (FY27) would set the foundation for accelerating the sustainable growth recorded in the past two years. He made the remarks on the floor of the National Assembly as he wound up the debate on the budget FY27, which was presented on June 12....
Lawmakers fear access to such data could be misused Body okays proposed tax rates for salaried class, calls for more relief Finance minister says no room for more concessions this year Panel rejects stricter penalties for filers, non-filers in certain cases Luxury vehicles above 3,000cc to face 41pc levy IT, related services to remain taxed at...
The information ministry on Friday refuted Afghanistans claims of targeting alleged terrorist camps in the border areas of Khyber Pakhtunkhwa and Balochistan. In a statement on its fact check account, the ministry said, The Afghan Taliban regime, through their various propaganda mouthpieces and official statements, is claiming to have targeted...
Russia has significantly expanded investment in biotechnology, genetics, regenerative medicine, and longevity research as part of its broader strategy to strengthen scientific innovation and improve public health outcomes. Various reports suggest that government-backed programs and private-sector in
Prime Minister Shehbaz Sharif on Thursday told Irans President Dr Masoud Pezeshkian that the recently signed Islamabad Memorandum of Understanding (MoU) between Washington and Tehran would go a long way towards rebuilding Iran. According to the Prime Ministers Office (PMO), the premier made the remarks during a phone call with the Iranian...
Prime Minister Shehbaz Sharif said early on Thursday that the Islamabad Memorandum of Understanding (MoU) between the United States and Iran had been signed electronically by both sides. The memorandum has been signed by honourable presidents of both the countries and also endorsed by me as the mediator. The signing of this agreement at the...
PPP Chairperson Bilawal Bhutto-Zardari said on Thursday that the federal government had promised that allocations for provinces under the 7th National Finance Commission (NFC) award would be protected, and that the Centre would not request any further help or sacrifice following the recent decision to freeze development allocations for the...
PPP leader likely to deliver speech today, to share reservations on budget; lauds premier, Field Marshal Munir for Iran peace deal PM Office says Shehbaz, Bilawal agreed on sustained collaboration between Centre, provinces for completion of projects ISLAMABAD: Prime Minister Shehbaz Sharif managed to convince the head of his coalition partner, PPP...
The United States on Wednesday read out the text of the interim US-Iran agreement to halt the war in Iran and open the Strait of Hormuz, according to a Reuters report. The agreement, read to reporters by a senior US official, outlines in 14 points a high-level understanding that defers many of the most difficult issues, such as how to wind down...
The government on Friday reduced the price of petrol by Rs4 per litre and diesel by Rs2 per litre with immediate effect. Following the decrease, the price of petrol stands at Rs373.78 per litre and high-speed diesel (HSD) at Rs378.78, down from Rs377.78 and Rs380.78 per litre, respectively. The Petroleum Divisions notification announcing the...
Economic Survey shows major targets missed as Aurangzeb claims resilience amid three major shocks Says budget to offer incentives for agriculture, housing Over Rs900bn to be diverted for Centres strategic needs Centralised tax system, retailer model to be announced Oil price impact to continue next year Current account deficit falls to 252m;...
The government unveiled the Pakistan Economic Survey (PES) for FY2025-26 on Thursday, according to which GDP growth was recorded at 3.7pc in the outgoing fiscal year. This is higher than last years growth of 3.18pc but falls short of its target of 4.2pc. Economic survey highlights GDP growth recorded at 3.7pc, up from 3.18pc last year Agriculture...
Overall development outlay slashed by 25pc to Rs3.218tr Federal PSDP reduced to Rs1tr, provincial ADPs to Rs2.218tr No new projects except for interior, defence ministries PM says strengthening defence is countrys biggest challenge Ahsan says Pakistan lagged behind region due to weak investment in education, skills ISLAMABAD: Freezing provincial...
No survivors were reported after an Mi-17 helicopter of Pakistan Army Aviation crashed near Muzaffarabad on Wednesday during take-off due to a technical fault, the Inter-Services Public Relations (ISPR) said. Rescue and recovery teams immediately reached the crash site. All personnel on board embraced martyrdom. There were no survivors, the ISPR...
Budget likely on Friday after president summons NA, Senate sessions today National Economic Council finally set to meet today; KP still weighing participation Federal, provincial govts to jointly cover Rs800bn shortfall Extra FBR revenue to stay with Centre; strategic needs may require Rs1.3-1.7tr Sindh, Punjab agree to cut ADPs; KP, Balochistan...