Federal Minister Shaza Fatima Khawaja praises budget 2026-27 for AI focus, youth empowerment, and Rs19.58 billion allocation for tech projects, marking a new era of digital innovation.
Gold prices in Pakistan surged on Friday, with 24k gold per tola rising by Rs4,370 to Rs444,336. International gold also increased by $43.70 per ounce.
InDrive appoints Abhey Lamba as CFO to lead global finance, as the company scales operations and expands services, reporting strong growth in 2025.
The National Assembly Standing Committee on Finance expressed concerns that the proposed retailer tax scheme could distort the tax system, discourage compliance, and erode the tax base.
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Deputy Commissioner Gujrat Noor-ul-Ain Qureshi chaired a review meeting on ongoing development projects under the Punjab Development Program, covering drainage and sewerage work.
The Pakistan Textile Exporters Association (PTEA) has termed the federal budget as balanced and growth-oriented, expressing optimism that its pro-industry initiatives will stimulate economic activity and strengthen industrial growth.
Pakistan Kissan Ittehad President Khalid Mahmood Khokhar criticized the federal budget for neglecting agriculture, despite its key role in economy and food security, urging policy focus and farmer support.
NAB Multan freezes assets of accused in Gulberg Executive Housing Scheme fraud case involving over Rs 5 billion and 1,800 victims. Key suspects declared proclaimed offenders.
Punjab Minister Sardar Ramesh Singh Arora announced scholarships for 1,000 minority students, with 173 from Bahawalpur Division, at a ceremony in Islamia University of Bahawalpur.
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The Sukkur Small Traders Association praised the federal budget for exempting small traders from super tax, calling it a business-friendly move that simplifies tax procedures and reduces financial pressure.
Pakistan Meteorological Department forecasts severe hot and dry weather across most Sindh districts, with dust-thunderstorms expected in several northern areas over the next 24 hours.
Governor Sindh Syed Muhammad Nehal Hashmi stressed environmental protection as a pressing need, urging collective awareness and practical measures against climate change impacts.
HESCO has declared 58 feeders load-shedding free, including the new 11KV Wadhayo Feeder in Tando Allahyar, due to optimal recoveries. CEO Faizullah Dahiri announced at a ceremony.
Solar home system kits were distributed to 62 households in Larkana, Jacobabad and Dadu districts under the Roshan Ghar – Roshan Sindh programme, aiming to provide sustainable energy to 275,000 homes across Sindh.
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Sindh CM Syed Murad Ali Shah inaugurated the second phase of the restored Empress Market in Karachi, reviving a historic landmark with enhanced facilities and cultural significance.
Pakistan halves property tax for filers to stimulate real estate, boost transparency, and incentivize formal economy integration.
Escalating US-Iran conflict turns Strait of Hormuz into combat zone, endangering thousands of Indian seafarers on foreign-flagged ships. Three vessels hit, crew killed or rescued.
Bricks & Minifigs denies attempting to seize a GoFundMe for the Mansell family, disputing claims over a Lego collection worth far less than reported $200,000.
Three cases registered against PML-N MPA Saqib Chaddhar over cheque dishonour of Rs270 million. Complainant claims cheques for property deal bounced due to insufficient funds.
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Flood season for Nullah Leh and 15 seasonal streams begins June 15, but desilting is incomplete, raising fears of destructive floods. Residents are relocating.
Rawalpindi's Excise and Taxation Department failed to achieve its property tax target for FY 2025-26, despite expanding the tax net and increasing property valuations. Leave cancelled until June 30 for recovery efforts.
Karachi experienced strong winds up to 43 km/h on Saturday, with partly cloudy skies. The Pakistan Meteorological Department warns of continued strong winds and cloudiness until Monday.
The FIA arrested five suspects in Karachi for running an illegal maritime smuggling network, transporting people and contraband via unauthorized sea routes.
The tradition of homemade pickle in South Punjab villages declines due to industrial food production, changing habits, and loss of livelihood for women.
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HSATI appreciates some tax relief in federal budget 2026-27 but laments omission of energy reforms, neglect of small industries, and lack of industrial zone development.
Finance Minister Aurangzeb stated that provincial contributions are partly reflected in the defence budget, with talks on a three-year framework. He also discussed IMF consultations and relief measures.
Islamabad High Court rules banks cannot block accounts without verified legal reason, fines private bank Rs300,000, and directs SBP to issue guidelines.
Experts criticize Pakistan's Rs7.1 billion budget for agricultural storage, calling it insufficient to address annual losses exceeding Rs140 billion from wheat alone.
Pakistan Poultry Association criticizes federal budget 2026-27 for no relief, warning that taxes on chicks, processed chicken, and feed inputs will raise costs and threaten food security.
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Trade bodies and business leaders across Pakistan praise Federal Budget 2026-27 as a business-friendly, growth-driven fiscal roadmap, highlighting measures to boost investment and sustainable development.
