Islamabad – The federal government will offer the fiscal year budget 2025-1026 on June 2, a few days before the holiday, the Minister of Planning announced the best turnout at a press conference on Friday. The government has determined the allocation of 921 billion rupees to the Public Sector Development Program (PSDP), which represents a … Read more
Just one day later, Donald Trump revealed his plan to impose a 100 % tariff on “ie and all” films that were produced in “foreign lands”, California Governor Gavin News said on Monday that he wanted to cooperate with the president to create a 7.5 billion dollar tax incentive to help the film industry. Many … Read more
The devastating civil war that has swallowed Syria since 2011 has fundamentally reshaped the country’s political landscape. Although the military confrontations have largely diminished, fronts have gone from the battlefields to the rear-salt negotiations. This transition period presents both opportunities and risks for all the actors involved. For the Autonomous Administration of Northern Syria and … Read more
Most stock markets were closed throughout the Gulf on Monday, which led to the escalation of concerns about US President Donald Trump’s aggressive definition and general criticism of the Federal Reserve Chairman Jerome Powell. Last week, Trump intensified pressure on Powell, pushing speculation about the potential removal of the Federal Reserve. The move raised renewed … Read more
The Peshawar Supreme Court (PHC) directed the federal government to formulate a policy within two months aimed at addressing the increasing illegal trading and commercial activities involved in an encrypted currency across the country, including Khyber Bakhtonguhu, according to media reports. The court also ordered the presentation of a report that explains in detail the … Read more
IslamabadThe International Monetary Fund delegation (IMF) will arrive in Pakistan on Friday to help prepare the federal budget for the fiscal year 2025-26. The sources reveal that during its visit, the International Monetary Fund team will communicate with the Pakistani authorities to discuss the proposed tax policies, strategies to enhance revenues, and measures to control … Read more
Mumtaz Ali Shah’s Secretary of Grievances for the Federal Insurance (FIO) Mumtaz Ali Shah presented the annual report of the Foundation for the year 2024 to President Asif Ali Zardari at AIWAN-E-SADR on Friday. The President of FIO reported that the organization had resolved 5,827 complaints, as it submitted 2.32 billion rupees of financial relief … Read more
The Federal Senator for Finance and Revenue, Senator Mohamed Orangazib, held a meeting with the European Union Ambassador to Pakistan, Dr. Rina Kyona, who called the minister in the Finance Department. According to a press release issued by the Ministry of Finance on Friday, the meeting focused on a set of matters of mutual interest, … Read more
The federal government has ended the relief package of Ramadan at a value of 20 billion rupees, according to which financial aid will be transferred directly to nearly four million qualified individuals during the holy month. The Minister of Industries and Production, Rana Tanfir Hussein, told the Senate that the provinces governments are scheduled to … Read more
On Friday, the Trump administration rejected more than 9,500 federal workers as part of a campaign to reduce bureaucracy, which affects employees in agencies that deal with land management, care for old warriors, and other public services. Workers’ demobilization follows a former volunteer purchase program, which led to the departure of 75,000 federal employees, representing … Read more