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Sindh Chief Minister Murad Ali Shah presented a Rs. 3.45 trillion provincial budget for 2025-26, aiming to drive inclusive development through major investments in education, health, social welfare, and infrastructure. The budget shows a 12.9% increase from last year, with a projected deficit of Rs. 38.4 billion. Tax Relief and Salary Increases The budget proposes …
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Finance Minister Muhammad Aurangzeb has described the 2025–26 federal budget as a relief budget, aimed at easing financial pressure on the salaried class, boosting businesses, and protecting vulnerable segments of society. Speaking before the Finance Standing Committee of the National Assembly in Islamabad, he outlined key areas of support across various sectors. Support for Salaried …
Pakistan’s federal budget for 2025-26 introduces new taxes on essentials such as petrol, pensions, power, and investments. While the government boosts military spending by 20%, the public faces tightened financial pressures through increased levies and the end of many tax exemptions. Military Allocation Soars Despite Pakistan’s ongoing financial troubles, the defense sector received a significant …
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Finance Minister Muhammad Aurangzeb defended government spending cuts for FY2025 as a direct response to growing taxpayer frustration. Speaking at a post-budget press briefing, he said the government limited spending increases to just 1.9 percent this year and reduced subsidies and debt-servicing costs. Pushback from Taxpayers Sparks Change Aurangzeb acknowledged that earlier criticism from tax-paying …
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The Federal Board of Revenue (FBR) has officially brought online shopping within the tax net under the Finance Bill 2025-26. According to The News, this significant move aims to regulate the growing e-commerce sector and ensure tax compliance from digital marketplaces, payment intermediaries, and courier services involved in the sale of goods and services ordered …
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The Pakistan Stock Exchange (PSX) witnessed a strong rally on Wednesday as investor sentiment turned bullish after the federal government unveiled its FY2025–26 budget. The benchmark KSE-100 Index surged by 2,111.52 points, or 1.73%, to hit an intraday high of 124,135.96. The index also recorded a session low of 123,237.99, still reflecting a significant rise …
Continue reading “CGT Relief Sparks Stock Market Rally Post-Budget”
Pakistan is set to unveil its Federal Budget 2025-26 today in the National Assembly, with a projected outlay of Rs17.6 trillion. The figure is slightly lower than last year’s Rs18.78 trillion. Finance Minister Muhammad Aurangzeb will present the budget, followed by submission of the Finance Bill to the Senate. The keyword Federal Budget 2025-26 is …
Continue reading “Federal Budget 2025-26 Set for Presentation Today Amid Economic Shifts”
Finance Minister Muhammad Aurangzeb presented the Federal Budget 2025-26 in the National Assembly, highlighting economic stability as the government’s top priority. He dismissed rumors of a mini-budget and confirmed that no new taxes have been introduced. Key Economic Indicators Aurangzeb reported that economic growth stands at 2.7%, while inflation has dropped to 4.7%. Remittances have …
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In a key move ahead of the new fiscal year, the federal government has approved a 10% salary increase for government employees under the 2025-26 Federal Budget. Prime Minister Shehbaz Sharif chaired the cabinet meeting that finalized the decision, along with a 7% pension hike for retirees. Budget Relief Amid Inflation Pressure The cabinet also …
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The Pakistan Economic Survey 2024–25, a crucial document that assesses the country’s economic performance over the past year, will be officially launched today. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb is scheduled to present the survey, which outlines the government’s evaluation of key economic indicators and sets the groundwork for the upcoming federal …
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As Finance Minister Muhammad Aurangzeb prepares to present the national budget on June 10, economists stress the importance of strategic budget planning. The country faces a tough balancing act—meeting defence needs without damaging economic progress. Finance Minister Promises Bold Moves Aurangzeb has hinted at bold fiscal reforms. He aims to reduce the tax burden on …
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In a key breakthrough, the International Monetary Fund (IMF) has agreed to income tax relief for Pakistan’s salaried class in the upcoming federal budget for 2025-26. According to official sources, this marks a major concession from the IMF during budget negotiations with Islamabad. Tax-Free Limit Set to Rise One of the most notable proposals is …
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In a historic rally, the KSE-100 index of the Pakistan Stock Exchange (PSX) closed above 120,000 points for the first time. The index ended Tuesday’s session at 120,450.87, gaining 1,573.07 points or 1.32%. This bullish momentum comes just days ahead of Pakistan’s federal budget announcement for FY2025–26. Intra-Day Highs and Market Activity The index hit …
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Facing a limited development budget 2025 of Rs880 billion, Planning Minister Ahsan Iqbal announced that the government will focus only on high-value, strategic projects in the next fiscal year. This shift aligns with IMF’s fiscal discipline demands and aims to ensure value for money in public spending. Tight Resources, Tough Choices At the Annual Plan …
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Despite widespread speculation, the federal government confirmed on Thursday that the Budget 2025-26 will be presented on June 10, dismissing rumors of a delay due to Eid holidays. Finance Secretary Imdadullah Bosal assured reporters that budget preparations continue in consultation with the International Monetary Fund (IMF). No Change in Budget Date Bosal stated that while …
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Finance Minister Muhammad Aurangzeb revealed that the government is preparing a strategic budget for 2025–26 to shift Pakistan’s economic direction, not just balance numbers. Addressing an event in Islamabad, he emphasized bold measures to address long-term structural challenges. Focus on Economic Transformation Aurangzeb said the country’s economic “DNA” must change. The upcoming budget, he noted, …
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Pakistan’s federal budget announcement has been pushed to June 10 due to ongoing IMF budget negotiations that remain unresolved. Initially slated for June 2, the delay reflects the government’s struggle to align its fiscal goals with IMF requirements under the ongoing loan programme. Economic Survey Set for June 9 As per the finance ministry, the …
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The Pakistan Stock Exchange (PSX) staged a late recovery on Friday, closing nearly flat despite early losses driven by budget concerns. Investors remained wary of potential fiscal tightening as the government prepares its upcoming budget under IMF guidance. Volatile Trading Session The KSE-100 Index opened under pressure and dropped over 400 points in early trade. …
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Pakistan is well positioned for the first review of its $7 billion IMF bailout, according to Finance Minister Muhammad Aurangzeb. As talks between the International Monetary Fund (IMF) and Pakistan begin, the government remains optimistic about meeting the programme’s conditions. The review will determine Pakistan’s progress and set the stage for future financial decisions. IMF …
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Islamabad: Pakistan’s per-person debt has surged to nearly Rs302,000, marking an 11.3% increase over the past fiscal year. The latest Fiscal Policy Statement for 2025 reveals that the government failed to keep the budget deficit within the legal limit, exceeding Rs7 trillion. Debt Burden Escalates The per capita debt burden in Pakistan has risen from Rs271,264 …
Continue reading “Each Citizen Owes Rs302,000 as Budget Deficit Soars”
