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Finance Ministry Admits Rs 3.4 Trillion Error in Tax Exemption Figures
Shocking! Finance Ministry revises Economic Survey 2024–25, slashing tax exemptions from Rs 5,840B to Rs 2,434B—a Rs 3.4T error! Opposition demands answers.
News Desk
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Punjab Unveils Rs 5335B Tax-Free Budget with Focus on Development, Health & Education
Punjab unveils Rs 5335B tax-free budget! Salaries up 10%, pensions 5%. Massive allocations for education, health & development. Opposition protests in assembly.
News Desk
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SBP Holds Policy Rate at 11% Amid Global Tensions
State Bank keeps interest rate at 11%, citing inflation risks from Iran-Israel tensions. Analysts warn of global oil price shocks.
News Desk
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KP Ignored in Federal Budget, Says Finance Advisor Muzammil Aslam
Muzammil Aslam blasts federal govt for allocating just Rs 550M to KP in dev budget, while KP sets Rs 547B itself. “We’ve moved past blame politics.”
News Desk
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Govt Raises Cash Withdrawal Limit for Non-Filers, Hikes Tax Rate
Cash withdrawal limit for non-filers raised from Rs 50K to Rs 75K with 0.8% tax. Social media ads to face tougher taxation; income tax surcharge cut by 9% for top earners.
News Desk
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Fuel Prices Set to Rise Again as Global Oil Rates Climb
Petrol, diesel prices likely to rise again: Rs1/litre for petrol & Rs5/litre for diesel by June 16 due to global rates. Impact expected on middle class & transport sector.
News Desk
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Pakistan, UAE Prepare for First JMC in 13 Years Amid Strengthening Ties
Ishaq Dar reviews prep for 12th Pak-UAE JMC in Abu Dhabi—first in 13 years. Trade hits $10.9B, remittances $6.7B. PM Shehbaz, UAE President reaffirm deep ties and regional cooperation.
News Desk
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SBP Likely to Hold Interest Rate Amid Mideast Tensions, Inflation Fears
SBP expected to keep policy rate steady at 12% as Israel-Iran tensions spike oil prices. Analysts fear rising inflation, currency pressure, and fiscal strain.
News Desk
