The federal government collects around Rs. 620 billion annually from consumers through taxes charged on electricity bills, the National Assembly’s… Read More
Pakistan Plans to Raise $2 Billion Through International Bonds in FY27
Pakistan plans to raise $2 billion through international bonds in fiscal year 2026-27, including Eurobonds, Sukuk, and Panda bonds, even… Read More
Punjab Reportedly Allocates Rs. 6 Lac for Health Initiatives Worth Rs. 27.84 Billion
Punjab’s flagship health programs, launched under Punjab Chief Minister Maryam Nawaz’s administration, received no substantive funding in the provincial budget… Read More
Punjab Slashes Annual Development Budget by 40%
The Punjab government has unveiled a Rs. 752 billion Annual Development Program (ADP) for the next fiscal year, cutting development… Read More
Punjab Proposes Increase in Agricultural Tax and Water Charges
The Punjab government has proposed a higher agricultural tax and water cess under the Punjab Finance Bill 2026, along with… Read More
Punjab Unveils Rs. 471 Billion Tourism Plan With First-Ever Tourism Authority
The Punjab government has announced a major tourism development strategy for fiscal year 2026-27, including the establishment of the province’s… Read More
Sindh Announces 7% Increase in Govt Staff Salaries and Pensions
The Sindh government has announced a 7 percent increase in salaries and pensions of provincial government employees while presenting a… Read More
Sindh Increases Minimum Wage to Rs. 43,000 in Budget, No New Taxes
The Sindh government on Wednesday increased the minimum monthly wage to Rs. 43,000 while presenting a Rs. 3.562 trillion budget… Read More
Textile Industry Warns FBR Over Unfair Sales Tax Penalty Changes in Budget
The All Pakistan Textile Mills Association (APTMA) has urged the Federal Board of Revenue (FBR) to amend proposed sales tax… Read More
Govt Faces IMF Resistance Over Real Estate Tax Concessions
The government is holding negotiations with the International Monetary Fund (IMF) to secure additional tax relief for Pakistan’s real estate… Read More
IMF Blocks Tax Relief on Pencils and Notebooks
The International Monetary Fund (IMF) did not allow the government to reduce the General Sales Tax (GST) on stationery items… Read More
Pakistan’s Fiscal Tightening Could Slow Growth: Fitch Ratings
Pakistan’s efforts to reduce its budget deficit through aggressive spending cuts could hurt economic growth in the coming years, according… Read More
