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Pakistan / Business & FinanceNational Assembly passes Rs18.77tr budget for FY2026-27
The National Assembly approved the Finance Bill 2026-27 after rejecting opposition amendments, clearing a Rs18,771 billion budget with new tax and duty rules.
Pakistan / Business & FinancePakistan ends fuel subsidy as global oil prices fall
A federal committee chaired by Ishaq Dar approved ending fuel subsidies for motorcyclists, farmers and transport operators after global oil prices fell.
Pakistan / Business & FinanceNational Assembly approves Rs3.69tr defence budget for 2026-27
The National Assembly unanimously approved 88 demands for grants, including more than Rs3.69 trillion for defence, with the opposition moving no cut motions.
Pakistan / Business & FinancePakistan withdraws fuel-conservation and austerity measures
The federal government terminated the fuel-conservation and additional austerity measures imposed on 9 March, keeping only the existing market and bazaar closing hours.
Pakistan / Business & FinancePM Shehbaz announces Rs74 cut in petrol, Rs67 in diesel
Prime Minister Shehbaz Sharif announced a Rs74 per litre cut in petrol and a Rs67 cut in high-speed diesel, passing on falling global oil prices after the US-Iran accord.
Pakistan / Business & FinanceBudget debate: government defends 2026-27 plan as opposition seeks relief
Government lawmakers called the 2026-27 federal budget the best possible plan, while opposition members demanded salary increases, relief and more farm spending.
Pakistan / Business & FinanceSenate panel backs 5pc withholding tax on social media earnings
A Senate finance committee approved a five per cent withholding tax on social media income, exempting creators earning up to Rs600,000 a year under the Finance Bill 2026.
Pakistan / Business & FinanceAurangzeb presents Rs18.771tr budget with relief for salaried class
Aurangzeb unveils a Rs18.771 trillion federal budget for FY2026-27 with income tax relief, super tax cuts and incentives for exporters, IT and construction.
Pakistan / Business & FinanceNEC backs Centre-province fiscal compact as Pakistan budget nears
Pakistan's National Economic Council met on 10 June 2026 and endorsed sweeping development-spending cuts as the Centre moved to retain up to Rs1.7tr from the provinces.
Pakistan / Business & FinancePakistan delays budget again as Centre and provinces spar over NFC
The government and PPP agreed a broad budget framework on 8 June 2026, but the budget was pushed to 12 June amid a dispute over Rs1.2 trillion in provincial shares.
Pakistan / Business & FinancePakistan budget delayed again as PM Shehbaz and Bilawal ease tensions
The federal budget for FY2026-27 was postponed again after PM Shehbaz Sharif met PPP chairman Bilawal Bhutto Zardari and the PPP signalled support.
Pakistan / Business & FinancePPP raises tax and revenue concerns with Dar before federal budget
The PPP told Deputy Prime Minister Ishaq Dar it wants a broader tax base rather than fresh levies on the same classes, two days before the 10 June budget.