Pakistan

Barack and Michelle Obama post rare family photo to celebrate daughter Sasha’s 24th birthday on June 10, 2025.

Higher levy to deny consumers relief from falling global oil prices

Middle class to feel heat as digital platforms, solar panels, cars and couriers among key targets

Govt targets Rs64b in revenue from taxes on digital platforms, courier services

No new taxes on fertiliser, pesticides; seed sector reforms, foreign training programmes announced

Power sector to get lion's share of Rs1.03tr while allocations for KE, AJK, FATA, and industries cut

Chambers, trade bodies call for tax base expansion, raise alarm over unrealistic targets

Index rises 383 points owing to progress on resolving debt crisis

Market sees stability as budget leaves capital gains tax unchanged

In a rather noisy National Assembly session on Tuesday, Finance Minister Muhammad Aurangzeb presented the budget for the fiscal year 2025-2026, with a total outlay of Rs17.573 trillion and an ambitious 4.2 per cent growth target. In his speech, Aurangzeb said the budget was being presented at a “historic moment”, referring to the recent Pakistan-India escalation. He stressed the need for ensuring the country’s financial security in the same way that national sovereignty was protected. “Pakistan has now achieved economic stability and is moving towards a Pakistan that is prosperous,” he said. Dawn.com reached out to leading economists and analysts for their key takeaways from the budget. Here’s what they had to say: ‘An anomaly’ Economist Adil Nakhoda noted that the government had reduced its outlay for the current fiscal year, which, according to him, was an anomaly. “This is likely due to the significant decline in interest payments as the government’s debt as a percentage of the gross domestic product has a...

National Savings Centre Lahore has announced the winning numbers for the Rs25000 prize bond draw of 2025. Conducted every three months, the draw offers an excellent opportunity for Bond holders to win significant amounts, with the grand prize amounting to an impressive Rs80 million. Many Pakistanis still choose Bonds as their preferred investment choice because they offer […]

The federal government has proposed a substantial 20 percent increase in Pakistan’s defense budget for the fiscal year 2025-26, allocating Rs 2,550 billion to bolster national defense capabilities.

ISLAMABAD: In the Budget 2025-26, the government has imposed a carbon levy of Rs 2.5 per liter on petrol and diesel, a move expected to directly impact fuel prices, ARY News reported. According to reports,  furnace oil will be subjected to a carbon levy of Rs 2,665 per million tons, based on the same per-liter […]

Maryam vows to strengthen relations between Punjab and California

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Police register case of attempted murder

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Despite dozens of police operations in the Katcha areas of Rajanpur, no substantial success has been achieved

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