Sindh budget 2025-26 will be presented in the provincial assembly tomorrow (Friday). According to proposals, the Annual Development Program (ADP) for the province has been increased from Rs493 billion to Rs503 billion. Key highlights of the development allocations include Rs183 billion earmarked for new development schemes and Rs45 billion proposed for the Sustainable Development Goals […]
According to Forex.pk, the current value of 10 grams of 24-karat gold is SAR 4,011, while an ounce of gold is valued at 12,475 Saudi Riyals. The uptick in gold rates reflects ongoing trends in the global commodities market, with the latest pricing update reported at 10:00 a.m. local time. Gold has long held a […]
The selling rate of the Saudi Riyal to PKR remained at Rs75.86. Saudi Arabia’s official currency is denoted as SAR or SR. A single Riyal is divided into 100 halalas. The relationship between the two countries is built on a strong foundation of mutual support and cooperation. Saudi Arabia has provided significant financial aid to […]
As per details, the journalists were protesting the Federal Board of Revenue’s (FBR) failure to provide a technical briefing on the Finance Bill 2025-26. The briefing, traditionally held to clarify tax proposals for media coverage, was not conducted yesterday. Responding to the boycott, Information Minister Attaullah Tarar acknowledged the journalists’ concerns, stating their grievances were […]
Yesterday, Finance Minister Muhammad Aurangzeb presented the Rs 17.573 trillion Budget for 2025-26 in the National Assembly. The finance minister congratulated Pakistan’s military and political leadership, highlighting the country’s exceptional success against its enemies. “Our armed forces displayed extraordinary capability and responded to threats with full strength,” he said. He stated this was the coalition […]
At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts “meat on the bones” of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs that had reached crushing triple-digit levels. But the Geneva deal had faltered over China’s continued curbs […]
Speaking about the province’s financial discipline, KP CM Gandapur stated in a statement here that KP has not taken any new loans so far. However, a significant Rs 150 billion has been allocated for loan repayments, underlining the government’s commitment to managing existing debt responsibly. Highlighting development plans, the CM said the province is launching […]
As per details, the government is expected to increase the overall tax target to Rs 2 trillion, and in this context, new taxes worth Rs 600 to 700 billion are likely to be imposed, while the Federal Board of Revenue (FBR) aims to collect Rs 1,200 billion through its tax initiatives. Despite the additional tax […]
The budget 2025-26 will be presented today in the National Assembly by Finance Minister Muhammad Aurangzeb. According to details, the current account deficit for the next fiscal year is projected at 2.1 billion dollars, which equals -0.5% of GDP. The revised National Development Plan allocates over Rs4,223 billion for various development initiatives across the country. […]
According to sources, it is expected that Rs. 2,550 billion will be allocated for defencse in the upcoming fiscal year. The estimated increase in the defense budget could reach up to 20%, with proportional allocations planned for the three armed forces as well as inter-services departments, sources said. In the current fiscal year, Rs2,122 billion […]
