Finance Minister Budget 2026 2027

Budget 2026-2027 Unveils Major Relief for Taxpayers

ISLAMABAD (PNP) – Finance Minister Muhammad Aurangzeb has presented the federal budget 2026-27 in the National Assembly session, held on Friday, June 12, 2026. He proposes a wide-ranging package of tax reductions, investment incentives and sector-specific relief measures aimed at stimulating economic activity, supporting businesses and easing the financial burden on households. The proposed measures…

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Coal Import Duty

Coal Import Duty Cut Approved in Key IMF-Linked Reform

ISLAMABAD: The federal government has announced changes to the Coal Import Duty structure under Budget 2026-27 as part of broader fiscal and energy-sector reforms linked to commitments under Pakistan’s ongoing program with the International Monetary Fund (IMF). The measure, unveiled during the federal budget presentation, is intended to streamline taxation in the energy sector, improve…

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Salary Pension Increase

Salary Pension Increase Approved in Key Budget Relief

ISLAMABAD: The federal cabinet has approved a Salary Pension Increase for government employees and retirees as part of Pakistan’s Budget 2026-27, providing financial relief amid ongoing inflationary pressures and rising living costs. The decision, endorsed during a cabinet meeting chaired by Prime Minister Shehbaz Sharif, includes a 7 percent increase in salaries and pensions for…

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Spokesperson Foreign Office Weekly Briefing

Foreign Office Navigates Hostage Crisis and Regional Tensions

ISLAMABAD (PNP) – Pakistan’s Foreign Office on Thursday outlined the government’s ongoing diplomatic engagement on a range of regional and international issues, including efforts to secure the release of Pakistani hostages held by Somali pirates, mediation initiatives in the Middle East, concerns over India’s statements on water resources and internal situation of Azad Kashmir, and…

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Iran World Cup Fans

Iran World Cup Fans Show Remarkable Passion Amid Conflict

TEHRAN: Iran World Cup Fans are continuing to rally behind their national football team despite ongoing regional tensions, demonstrating the powerful role sport can play in uniting communities during challenging times. With qualification campaigns and preparations for the FIFA World Cup 2026 attracting growing attention, many Iranian supporters say football remains a source of hope,…

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Deputy PM Ishaq Dar

Austerity Measures Get Major Extension Until June 30

ISLAMABAD: The federal government has extended existing Austerity Measures until June 30, 2026 and approved revised business operating hours, allowing standalone grocery and kiryana stores to remain open until 10pm. The decision was taken during a meeting of the Committee for Monitoring and Implementation of Fuel Conservation and Additional Austerity Measures, chaired by Deputy Prime…

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helicopter

Tragic Pakistan Army Helicopter Crash in Muzaffarabad

The Pakistan Army helicopter crash Muzaffarabad has claimed the lives of all personnel on board after an MI-17 military aircraft went down due to a reported technical malfunction during take-off, according to the Inter-Services Public Relations (ISPR). The incident, which occurred on Wednesday near Muzaffarabad, has prompted nationwide mourning and a formal board of inquiry…

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