President Asif Ali Zardari has officially approved the Finance Bill for the fiscal year 2025-26. The new financial laws will come into effect from midnight today. This marks the final step in Pakistan’s budget approval process for the upcoming fiscal year. Earlier, on June 26, Prime Minister Shehbaz Sharif chaired a cabinet meeting where the […]
fiscal year 2025-26
Punjab assembly passes Rs5,300 billion budget for fiscal year 2025–26
LAHORE, June 26, 2025 — The Punjab Assembly on Thursday approved the Punjab Finance Bill 2025–26 by a majority vote, passing the province’s annual budget with a total volume of Rs5,300 billion for the upcoming fiscal year. The approved budget includes Rs4,329 billion in demands for grants, covering a wide range of sectors including health, […]
Pakistan approves Rs17.57 trillion federal budget for 2025–26 with key tax reforms
The National Assembly of Pakistan has officially approved the Rs17,573 billion federal budget for the fiscal year 2025–26, passing the Finance Bill with a majority vote. All cut motions from the opposition were rejected during Thursday’s session. Under the approved budget, the Federal Board of Revenue (FBR) has set a tax collection target of Rs14,131 […]
Pakistan’s national assembly passes budget for 2025–26 with amendments
The National Assembly of Pakistan has passed the federal budget for the upcoming fiscal year 2025–26. The approval came after several days of debate, discussions, and review by lawmakers during a special session held in Islamabad. Members of the assembly approved the Finance Bill 2025 through a clause-by-clause voting process, making it the official budget […]
Sindh assembly passes Rs 3.45 trillion budget with focus on health and education
The Sindh Assembly has officially passed the provincial budget for the fiscal year 2025–26. The budget session began on June 13, during which Chief Minister Murad Ali Shah presented the detailed financial plan. This budget aims to boost social sectors and improve public services across the province. The total budget is Rs 3.451 trillion, reflecting […]
PTI backs KP budget 2025-26 to safeguard provincial government
PESHAWAR – Pakistan Tehreek-e-Insaf (PTI) has decided to approve the Khyber Pakhtunkhwa (KP) budget for the fiscal year 2025-26 in an effort to protect its provincial government from potential federal intervention. The decision came during a PTI parliamentary party meeting held at the Chief Minister’s House on Sunday. Key party figures including Opposition Leader in […]
Sindh CM unveils Rs3,450 billion budget with record development plans
Sindh Chief Minister Murad Ali Shah has presented a record Rs3,450 billion budget for the fiscal year 2025–26. He announced that the province plans to complete 1,460 development schemes this year, a significant jump from 603 last year. The chief minister emphasized that if the federal government releases full funds, the development budget may increase […]
KP unveils Rs2.1 trillion budget with pay hikes, reforms and development focus
PESHAWAR: The Khyber Pakhtunkhwa government has announced a Rs2.119 trillion budget for the fiscal year 2025-26. The budget proposes a 10% increase in salaries for government employees and a 7% hike in pensions. The provincial minimum wage has also been raised from Rs36,000 to Rs40,000. Provincial Finance Minister Aftab Alam presented the budget, highlighting […]
Sindh presents Rs 3.45 trillion budget with salary and pension increases
Sindh Chief Minister Syed Murad Ali Shah presented the budget for the fiscal year 2025-26, totaling Rs 3.45 trillion. He announced a 10 to 12 percent ad hoc relief allowance for government employees. Additionally, five taxes will be abolished to reduce the financial burden on citizens, including the removal of professional tax and entertainment duty. […]
KP to unveil 2025-26 budget tomorrow: Key meeting tonight
Khyber Pakhtunkhwa (KP) will present its budget for the fiscal year 2025-26 tomorrow at 3 PM. Chief Minister Ali Amin Gandapur has called a parliamentary party meeting tonight at 8 PM to seek approval for the budget. This meeting is a key step before the budget’s formal presentation in the assembly. Sources confirm that all […]