» Privatisation: Rs86.5bn target set
11/06/25 09:25 from Business Recorder - Latest News
ISLAMABAD: Federal government has budgeted Rs 86.550 billion collection from privatization proceeds in the next fiscal year which is 981.8 percent higher than the revised estimates of current fiscal year’s Rs 8 billion. The government bu...
» FPCCI offers mixed reaction to budget
11/06/25 07:08 from Business Recorder - Latest News
ISLAMABAD/ KARACHI: The business community of the country has expressed mixed reaction on the presentation of federal budget 2025-26, saying the government has totally ignored women entrepreneurs. Speaking at a press conference simultane...
» Corporate tax rate issue: OICCI disappointed over limited govt progress
11/06/25 07:21 from Business Recorder - Latest News
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed disappointment over the government’s limited progress in addressing inequitable corporate tax rate in the recent budget. It said while the marginal re...
» Teachers, researchers: 25pc tax rebate restored
11/06/25 07:24 from Business Recorder - Latest News
ISLAMABAD: In a significant move providing much-needed relief to the academic community, the federal government has announced the restoration of a 25 percent tax rebate against tax payable by full-time teachers and researchers under the ...
» FBR will notify categories ineligible for bank accounts
11/06/25 07:25 from Business Recorder - Latest News
ISLAMABAD: The Federal Board of Revenue (FBR) will notify category of persons, who will not be able to open new bank accounts or operate existing bank accounts under the Finance Bill 2025-26. In the Finance Bill 2025-26, it is proposed t...
» Rs354.8bn tagged for SOEs
11/06/25 07:27 from Business Recorder - Latest News
ISLAMABAD: The federal government has budgeted Rs354.817 billion to State-Owned Enterprises (SOEs) under the Public Sector Development Programme (PSDP) for the fiscal year 2025–26, reflecting a whopping 80.3 percent increase over the Rs1...
» Ministry of Law and Justice: Rs1,912.481m earmarked for 10 schemes
11/06/25 07:34 from Business Recorder - Latest News
ISLAMABAD: The federal government has earmarked Rs 1,912.481 million for seven ongoing and three new schemes of the Ministry of Law and Justice under the Public Sector Development Programme (PSDP) for the fiscal year 2025-26. The budget ...
» Rs3.33bn fine imposed on traffic violators in Punjab
11/06/25 07:36 from Business Recorder - Latest News
LAHORE: More than 5.445 million challan and fines of more than Rs3.33 billion were imposed for violation of traffic laws. Similarly, more than 228,000 vehicles emitting smoke were challaned, 19,000 vehicles were detained in police statio...
» PTI’s contempt plea: LHC seeks record
11/06/25 07:37 from Business Recorder - Latest News
LAHORE: The Lahore High Court on Tuesday summoned the record in a contempt of court petition of Pakistan Tehreek-i-Insaf (PTI) against the deputy commissioner Lahore for denying permission to hold a public rally at Minar-i-Pakistan last ...
» Merged districts: KP govt launches interest-free loan scheme
11/06/25 07:39 from Business Recorder - Latest News
PESHAWAR: The Khyber Pakhtunkhwa government has launched a interest-free microfinance scheme for entrepreneurs to support small businesses and enhance livelihoods in the merged districts. The initiative, which spans 13 years (2021–2034),...
» It’s about time country’s economy outperformed India’s, PM tells Cabinet
11/06/25 07:42 from Business Recorder - Latest News
ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday that after defeating India in conventional warfare, the country must now outperform it economically, noting that Pakistan has reached a position of economic take-off with satisfact...
» Energy budget: revenue first, reform later
11/06/25 07:46 from Business Recorder - Latest News
The federal budget for FY26 offers few surprises on the energy front—yet between the lines lies a tale of strategic juggling, revenue prioritisation, and a dash of reform signalling. The biggest headline? Taxing solar. An 18 percent sale...
» FESCO ensures continuous power supply during Eid holidays
11/06/25 07:59 from Business Recorder - Latest News
FAISALABAD: Faisalabad Electric Supply Company (FESCO) ensured uninterrupted power supply to consumers throughout the FESCO region during the Eid-ul-Azha holidays. On the special directives of Chief Executive Officer (CEO) FESCO Engr Muh...
» Aseefa condemns Sana Yousuf’s murder
11/06/25 08:01 from Business Recorder - Latest News
KARACHI: First Lady and Member of the National Assembly Bibi Aseefa Bhutto Zardari has strongly condemned the brutal murder of young social media star Sana Yousuf, calling it a “punishment for saying no”. In a statement Tuesday, Aseefa B...
» Thousands of people visit hospitals during & after Eid holidays
11/06/25 08:01 from Business Recorder - Latest News
LAHORE: Thousands of people with complaints of food-poisoning and abdominal pain brought to different city hospitals during and after the Eid days. As per reports, around 2,500 people were brought to Jinnah Hospital, about 2000 to Mayo H...
» Zardari for exploiting potential to expand partnership with Russia
11/06/25 08:02 from Business Recorder - Latest News
ISLAMABAD: President Asif Ali Zardari on Tuesday said Pakistan and Russia have enormous potential needed to be exploited to expand bilateral partnership in trade, investment, technology, and people-to-people exchanges, said a press relea...
» KP budget to be ‘tax-free’, ‘pro-poor’: CM
11/06/25 08:05 from Business Recorder - Latest News
PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has announced that the upcoming provincial budget will be tax-free, with no new taxes imposed on the public. In a statement here on Tuesday, Gandapur said that budget planning...
» Maryam, US diplomats discuss enhanced cooperation
11/06/25 08:06 from Business Recorder - Latest News
LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met US Chargé d’Affaires Natalie A Baker and Consul General Kristin K Hawkins and discussed matters pertaining to further strengthening the long-standing Pak-US relations and enhancing co...
» Proposed Finance bill moved in Senate
11/06/25 08:10 from Business Recorder - Latest News
ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, moved a copy of the proposed federal budget in the Senate amidst strong protest by the opposition that dismissed the legislative draft as “anti-poor.” In the brief Senate sitting, ...
» Punjab budget on 13th
11/06/25 08:14 from Business Recorder - Latest News
LAHORE: The Punjab budget for the fiscal year 2025-26 will be presented on June 13 (Friday). The Finance Department has forwarded a summary for convening of the Punjab Assembly’s budget session on June 13. Punjab Finance Minister Mian Mu...