NEC approves Rs3.67 trillion budget for FY2026-27, sets 4% GDP growth target
National Economic Council clears ambitious development outlay, targets economic stability and coordinated federal-provincial growth strategy
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Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
FBR issues draft customs marine bunkering rules to regulate fuel supply to foreign vessels
Draft rules introduce electronic system, licensing and strict monitoring for bunker fuel operations at Pakistani ports
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Pakistan Customs assures smooth clearance of Iranian LPG
Authorities report uninterrupted LPG imports through Gabd-Rimdan border amid enhanced customs procedures and trade facilitation measures.
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Pakistan Remittances Surge 20% in May 2026, Hit Record Monthly High
Strong Eid-driven inflows lift overseas remittances to historic peak ISLAMABAD, June 6, 2026 — Pakistan remittances surged 20% month-on-month in May 2026, reaching a record monthly high as inflows from overseas workers strengthened ahead of Eid, according to official economic data.
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PM Shehbaz directs provinces to present plans for increasing cotton production
Government moves to strengthen agriculture sector ahead of FY27 budget with focus on cotton yield, seeds and climate resilience. ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed provincial governments, particularly Balochistan, to prepare comprehensive plans aimed at increasing cotton production across the country.
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Pakistan delays Budget 2026-27 presentation to June 12, minister confirms
Government pushes budget presentation date again as consultations with coalition partners and IMF continue ISLAMABAD: The federal government has once again postponed the presentation of the federal budget for fiscal year 2026-27, with the new date now set for June 12, according to Parliamentary Affairs Minister Tariq Fazal Chaudhry.
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FBR tracks foreign travel and nationality of IRS and PCS officials
New disclosure rules require tax and customs officers to declare foreign nationality, travel documents and family details within 90 days. ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny of foreign travel history and foreign nationality status of officials serving in the Inland Revenue Service (IRS) and Pakistan Customs Service (PCS) under […]
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PM Shehbaz directs authorities to accelerate DISCOs privatisation
Government moves ahead with privatisation of IESCO, GEPCO and FESCO to reduce losses from state-owned enterprises. ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed relevant authorities to expedite the privatisation process of electricity distribution companies (DISCOs), reaffirming the government’s commitment to offloading loss-making State-Owned Enterprises (SOEs).
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Honda Pakistan achieves 70% surge in annual car production
Honda Atlas Cars Pakistan reports strong growth in production and sales as the country’s automotive sector shows signs of stabilisation and renewed consumer demand. Honda Atlas Cars Pakistan Limited has reported a remarkable 70% increase in vehicle production for the financial year ended March 31, 2026, reflecting the ongoing recovery of Pakistan’s automobile industry.
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FBR collects over Rs518 billion in salary tax, registers 6% decline in 11MFY26
Salary tax collections drop year-on-year as debate grows over relief for salaried class in upcoming budget ISLAMABAD: The Federal Board of Revenue (FBR) collected over Rs518 billion in salary tax during the first eleven months (July–May) of fiscal year 2025-26 (11MFY26), reflecting a decline of around 6 per cent on a year-on-year basis.
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