Business
FBR sets ambitious tax collection target of Rs15.264 trillion for FY2026-27
June 13, 2026
FBR sets ambitious tax collection target of Rs15.264 trillion for FY2026-27
The Federal Board of Revenue (FBR) has been assigned an ambitious tax collection target of Rs15,264 billion for the fiscal…
Provinces to receive Rs8,848bn share in budget 2026-27
June 13, 2026
Provinces to receive Rs8,848bn share in budget 2026-27
The federal government has allocated Rs8,848 billion to Pakistan’s four provinces from the federal divisible revenue pool under the Budget…
Abolition of 18% sales tax to boost Pakistan’s maritime sector, says Junaid Anwar Chaudhry
June 13, 2026
Abolition of 18% sales tax to boost Pakistan’s maritime sector, says Junaid Anwar Chaudhry
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has welcomed the government’s decision to abolish the 18 percent sales…
Govt imposes 5% withholding tax on social media influencers
June 13, 2026
Govt imposes 5% withholding tax on social media influencers
A 5% withholding tax has been imposed on social media influencers in the budget. According to the Finance Bill, a…
Business leaders seek greater relief for salaried class in budget 2026-27
June 13, 2026
Business leaders seek greater relief for salaried class in budget 2026-27
ISLAMABAD: Leading business representatives have expressed mixed reactions to the federal budget, arguing that the salaried class deserved greater relief…
Ukraine hits fuel supplies to Crimea, sparking a fuel crisis on the Russian-held peninsula
June 13, 2026
Ukraine hits fuel supplies to Crimea, sparking a fuel crisis on the Russian-held peninsula
NEW YORK: Ukrainian drone strikes on refineries, depots and pipelines. Tanker trucks attacked and left ablaze along the land corridor…
Punjab launches emissions trading system to curb industrial pollution
June 12, 2026
Punjab launches emissions trading system to curb industrial pollution
The Punjab government has introduced a modern emissions monitoring and trading system aimed at reducing industrial pollution, improving air quality…
Govt proposes 7% salary & pension hike, 10% minimum wage increase
June 12, 2026
Govt proposes 7% salary & pension hike, 10% minimum wage increase
The federal government has announced a proposed 7% increase in salaries for public sector employees along with a 7% rise…
World’s first gig economy treaty adopted at the ILO
June 12, 2026
World’s first gig economy treaty adopted at the ILO
The first-ever international agreement on safeguarding digital platform workers in the gig economy was adopted on Friday at the UN’s…
MQM secures Rs25bn development package in meeting with PM Shehbaz
June 12, 2026
MQM secures Rs25bn development package in meeting with PM Shehbaz
A high-level delegation of the Muttahida Qaumi Movement (MQM) met Prime Minister Shehbaz Sharif ahead of the federal budget. The…