HeadlinesBudget documents show Pakistan aims to collect Rs1.676 trillion in petroleum levy receipts in FY2025-26, alongside a Rs5.335tn non-tax revenue target. Subsidies fall to Rs1.091tn, with power sector receiving Rs830bn.
HeadlinesPakistan’s government approved a Petroleum Division rightsizing plan, cutting staff and budgets and privatizing PMDC despite its record revenues and profits. Implementation plans are due within 90 days.
News Analysis (Premium Content)Pakistan’s government will stop extending major tax exemptions after June 30, 2026, making more goods and areas taxable from July 1. It also plans tariff cuts for industry and phased sales tax hikes for erstwhile FATA/PATA.
News Analysis (Premium Content)How well do the new proof-of-life reforms serve as the government tries to tighten pension spending?
HeadlinesFBR has collected Rs 389 billion in FY26 till date; PM wants FBR to double it in FY27
HeadlinesWithout access to verified data, the unit’s operations became largely redundant, leading to closure
FeaturedSluggish administrative machinery has forced policymakers to finally question the institutional scaffolding it built to manage crises now long past. Will they be able to see it through
HeadlinesHousing society allegedly failed to properly discharge its obligations as a withholding agent
HeadlinesMinistry to share smartphone financing policy with stakeholders next week
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