Fuel prices set to rise from June 16; govt forms committee to monitor supply after global surge

Committee to evaluate fiscal impact, ensure uninterrupted fuel supplies, and track global oil price fluctuations following Israel-Iran tensions

Salaried class to bear Rs535 billion tax load next year, despite minor relief of Rs56 billion

Standing Committee on Finance calls the proposed tax relief a "joke," emphasising that the relief does not address the core financial pressures faced by the salaried class

Govt decides to raise cash withdrawal limit to Rs75,000

FBR hikes withholding tax rate to 0.8% for non-filers, clarifies 1% was mistakenly announced in the budget

Pakistan may miss Rs 1,161 billion petroleum levy target due to global oil price surge

Fuel price hike due to Israel-Iran conflict may lead to shortfall in expected revenue; petroleum price increase expected from June 16

KP unveils Rs2.18tr tax-free budget for FY2025–26

Record Rs547bn ADP allocation; CM Gandapur vows to resist federal taxation on merged districts
OGRA

OGRA notifies slight decrease in RLNG prices for June 2025

Price for SNGPL consumers set at $11.015 per MMBtu for; $9.7284 per MMBtu for SSGCL consumers for transmission

Armed forces officers to receive 50% allowance, JCOs and soldiers 20%, Finance ministry tells NA panel

Finance ministry did not disclose the financial impact and the reason for the higher allowance for officers 

Pakistan set to hold rates as Israel-Iran conflict overshadows growth push

Ten of 13 analysts expect no change at June 17 Monetary Policy Committee meeting

High court rules in favor of FBR, telecom operator liable for Rs22 billion tax on tower asset transfer

Telecom operator transferred tower assets to its subsidiary in 2018 for Rs98.5 billion, recording a gain of Rs75.9 billion, but argued the transaction was exempt from tax 

Islamabad High Court halts NAB’s planned auction of Bahria Town properties

Court issues stay order after Bahria Town claims unlawful seizure of its assets by accountability bureau 

KSE-100 sheds nearly 2,000 points amid geopolitical tensions

Israel air strikes on multiple sites in Iran send investors scurrying to safe havens such as gold and the Swiss franc

IMF raises concerns over Rs344 billion unapproved grants, cites breach of agreement

Grants included Rs115bn for IPPs, Rs3.7bn for Reko Diq, Rs520 million for SIFC, Rs7bn for parliamentarians' schemes, Rs30bn for flood victims in Sindh, Rs6bn for FBR, Rs14bn for solarisation, Rs23bn for anti-terrorism initiatives 

World Bank, IFC approve $700 million loan for Pakistan’s Reko Diq project

Loan will pave the way for $2.5 billion private sector investment in mega mining project; federal govt allocates Rs 3.74 billion for security measures

Asian stocks slide, oil and gold jump after Israel strikes Iran

U.S. S&P E-mini futures fell 1.5%, Nasdaq futures dropped 1.7%, Japan's Nikkei lost 1.4%, and South Korea's KOSPI slipped 1.2%; Gold climbed 1% to $3,419 per ounce

Oil jumps more than 7% as Israel strikes Iran, rattling investors

Brent crude futures rise $5.29, or 7.63%, to $74.65 and WTI crude up $5.38, or 7.91%, to $73.42 a barrel; Iranian media said multiple explosions were heard near Nantanz nuclear facility Â