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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Government raises 10% salary, 7% pension in budget 2025-26
In a significant move aimed at providing financial relief to public sector employees and retirees, the federal government has proposed a 10% increase in the salary of government employees and a 7% hike in pensions in the Budget for the fiscal year 2025-26.
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Pakistan’s per capita income rises to $1,824 in FY2025
Islamabad, June 9, 2025 – According to the Economic Survey of Pakistan 2024–25 released on Monday, the country’s per capita income has climbed to $1,824, marking a significant improvement from $1,662 in the previous fiscal year.
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Agriculture sector share rises to 23.54% of GDP in FY25
Islamabad, June 9, 2025 – The Economic Survey of Pakistan 2024-25 has reported that the agriculture sector contributed 23.54% to the country’s Gross Domestic Product (GDP), reflecting its continued structural significance.
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Power Division denies ban on second electricity meters
Islamabad, June 8, 2025 – The Power Division has strongly denied widespread rumors suggesting a ban on the installation of second electricity meters, clarifying that no such restriction exists under current regulations.
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National Assembly confirms June 10 session for Pakistan budget
Islamabad, June 8, 2025 – The National Assembly of Pakistan has officially locked in June 10 as the date for unveiling the much-anticipated budget for the fiscal year 2025–26.
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