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Pakistan / Business & FinancePTI proposes tax relief, Rs500bn savings in first budget plan since 2022
PTI's economic think tank released 15-page budget proposals for 2026-27 on 6 June, seeking income tax relief and up to Rs500bn in annual spending savings.
Pakistan / Business & FinancePakistan cuts petrol price by Rs4, keeps diesel unchanged
The government reduced petrol to Rs377.78 per litre from 6 June while holding high-speed diesel at Rs380.78, the fourth straight weekly cut in petrol prices.
Pakistan / Business & FinancePakistan launches fixed 1% tax scheme for small shopkeepers
The government unveiled the Fixed Tax Asaan Scheme for traders with turnover up to Rs200 million, offering a flat 1% tax, simplified filing and exemptions from audits.
Pakistan / Business & FinanceUS proposes 10pc tariff on Pakistan in forced-labour probe
The USTR proposed additional duties on 60 economies, naming Pakistan among six found not to have effectively enforced a ban on imports made with forced labour.
Pakistan / Business & FinanceBudget postponed to June 10 as coalition and IMF talks stall
Pakistan pushed its FY2026-27 federal budget from June 5 to June 10 after the government and the PPP agreed on a new date while spending talks with the IMF stayed unresolved.
Pakistan / Business & FinancePakistan set to let wide range of tax exemptions lapse in July 2026
The government is preparing to end a broad set of tax exemptions on 30 June 2026, bringing former tribal areas, electric vehicles and some industries into the standard tax net.
Pakistan / Business & FinancePakistan sets 4pc growth and 8.2pc inflation targets for FY2026-27
The Annual Plan Coordination Committee approved a macroeconomic framework on 1 June 2026 targeting 4pc GDP growth and 8.2pc inflation, and a record Rs4.715tr development outlay.
Pakistan / Business & FinancePakistan weighs tax relief for salaried workers and firms despite IMF pressure
Pakistan is considering tax relief for salaried workers earning Rs150,000–200,000 a month and for businesses in the budget due on 5 June 2026, officials say.
Pakistan / Business & FinanceIndustry leaders warn high interest rates are stifling growth
Pakistani industry leaders warned that further monetary tightening and high borrowing costs are choking private-sector credit and industrial growth.
Pakistan / Business & FinancePakistan cuts petrol and diesel prices by Rs22 per litre
Pakistan's government cut petrol and high-speed diesel prices by Rs22 per litre from 29 May 2026, the third straight weekly reduction, as global oil prices fell.
Pakistan / Business & FinancePakistan plans oil reserves and bonded storage to cut Hormuz risk
Pakistan's energy ministry proposed strategic oil reserves and bonded commercial storage in a document shared with Saudi Aramco, ADNOC, Vitol and other firms.
Pakistan / Business & FinancePM Shehbaz invites Chinese firms to relocate industries to Pakistan
Addressing a Pakistan-China business conference in Hangzhou, Prime Minister Shehbaz Sharif invited Chinese companies to relocate industries and form joint ventures.