Students in Pakistan continue to wait anxiously for a response from Cambridge Assessment International Education (CAIE) following alleged leaks of O and A Level exam papers.
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Punjab announces salary, pension increases in 2025-26 Budget
Lahore, June 16, 2025 – The Punjab government has announced a 10% increase in salary and a 5% increase in pension for provincial government employees as part of its budget for the fiscal year 2025-26.
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Pakistan confirms adequate petroleum stocks amid ME tensions
Islamabad, June 16, 2025 – Pakistan has confirmed that it currently possesses sufficient stocks of petroleum products and faces no immediate risk of supply disruption, despite escalating geopolitical tensions in the Middle East (ME).
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Petroleum prices hike in Pakistan amid Iran-Israel conflict
Islamabad, June 16, 2025 – Pakistan has announced a sharp increase in petroleum prices, effective from June 16, 2025, amid rising global oil market volatility triggered by the escalating Iran-Israel conflict. The revision will remain in effect for the remainder of the month, ending June 30.
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Pakistan set to announce petroleum prices amid ME tensions
Karachi, June 15, 2025 – The government of Pakistan is expected to announce revised petroleum prices today for the second half of June 2025, with a likely increase due to rising global oil rates triggered by escalating tensions in the Middle East.
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Sindh announces salary and pension hike in 2025–26 budget
Karachi, June 13, 2025 – The Government of Sindh on Friday presented the provincial budget for the fiscal year 2025–26, unveiling a comprehensive package of relief measures for government employees and pensioners amid ongoing inflationary pressures. Key highlights of the budget include increases in both salary and pension, reaffirming the provincial government’s commitment to employee welfare and financial equity.
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CAIE to Present O/A Level Paper Leak Report After June 16
The Cambridge Assessment International Education (CAIE) has assured a parliamentary subcommittee that it will share the findings of its ongoing inquiry into the alleged leaks of O and A Level exam papers in Pakistan after June 16.
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Pakistan increases defence budget to Rs2.56 trillion for FY2025-26
Pakistan has announced a significant increase in its defence budget, allocating Rs2.56 trillion for the fiscal year 2025–26. This marks a 20.2% rise compared to last year’s allocation and underlines the government’s ongoing emphasis on national security. The new budget represents 14.49% of the total national budget outlay of Rs17.65 trillion.
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Govt sets Rs1.47 trillion petroleum levy target FY26
In a major revenue-generating initiative, the federal government has set a target of Rs1.47 trillion in petroleum levy collection for the upcoming fiscal year 2025-26, reflecting a sharp 26.4% increase compared to revised estimates of the current fiscal year. This aggressive approach is outlined in the Finance Bill 2025-26 and underscores the government’s reliance on non-divisible revenue sources to meet fiscal targets.
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Pension incomes above Rs10 million to face tax in FY26
Karachi, June 11, 2025 – In a significant fiscal development, the federal government has proposed an income tax on pension income exceeding Rs10 million annually as part of the Finance Bill, 2025.
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