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National Assembly

National assembly approves Rs4.3 trillion federal grants package

June 21, 2026 by maleeha zahid

The National Assembly approved 88 demands for grants worth more than Rs4.3 trillion during a smooth budget session, where lawmakers passed all allocations without presenting any cut motions. The approvals reflect broad parliamentary agreement on federal spending priorities across defence, infrastructure, and key public service sectors. In particular, lawmakers cleared seven major defence-related demands exceeding […]

Filed Under: Business, Pakistan Tagged With: budget approval, defence budget, federal grants, infrastructure funding, Latest, National Assembly, Pakistan economy

National assembly pays tribute to Shaheed Benazir Bhutto legacy

June 21, 2026 by maleeha zahid

The National Assembly on Sunday marked the 73rd birth anniversary of Shaheed Benazir Bhutto by offering Fateha and paying tribute to her political legacy. Lawmakers highlighted her role in strengthening democracy, promoting public service, and advancing women’s empowerment across Pakistan’s political landscape. During the session, PPP Parliamentarians lawmaker Aijaz Hussain Jakhrani delivered a detailed tribute […]

Filed Under: Pakistan Tagged With: BEnazir Bhutto, democracy pakistan, Latest, National Assembly, political legacy, PPP tribute, women empowerment

FY27 budget lays groundwork for faster sustainable growth, says Aurangzeb

June 20, 2026 by Zuha shahzad

Finance Minister Muhammad Aurangzeb on Saturday said the proposed federal budget for fiscal year 2026-27 (FY27) would provide the foundation for accelerating the sustainable economic growth achieved over the past two years. Wrapping up the budget debate in the National Assembly, Aurangzeb described the budget as a positive and pro-growth document that had received encouraging […]

Filed Under: Business, Pakistan Tagged With: Budget FY27, Latest, Lead2, muhammad aurangzeb, National Assembly, Pakistan economy, tax reforms

Aamir Dogar welcomes fuel price cut, urges reduction in petroleum levy

June 20, 2026 by Zuha shahzad

Pakistan Tehreek-e-Insaf (PTI) leader Aamir Dogar has welcomed the government’s decision to reduce petroleum product prices but urged authorities to further cut the petroleum levy to provide additional relief to the public. Speaking during a National Assembly session on budget recommendations, Dogar praised the government’s move to lower fuel prices, saying it was a positive […]

Filed Under: Pakistan Tagged With: Aamir Dogar, fuel prices, inflation relief, National Assembly, Pakistan budget 2026, petroleum levy

NA panel approves 5% withholding tax on YouTube, social media earnings

June 19, 2026 by Sajid Salamat

The National Assembly’s Standing Committee on Finance on Thursday approved a series of recommendations for the proposed Finance Bill 2026-27, including the imposition of a 5% withholding income tax earned through social media platforms. Other recommendations included the abolition of a 1% advance tax on exporters and changes to the taxation of inherited properties. The […]

Filed Under: Pakistan Tagged With: National Assembly, Social Media, Tax, Youtube

Bilawal rules out further provincial sacrifices beyond defence

June 18, 2026 by maleeha zahid

Pakistan Peoples Party Chairman Bilawal Bhutto Zardari said the federal government and provinces had reached a consensus to share the burden of extraordinary national requirements, particularly defence-related needs. Addressing the National Assembly during the budget session, he stressed that the arrangement would remain limited to a three-year framework and that no additional financial sacrifices would […]

Filed Under: Pakistan Tagged With: ajk protests, Bilawal Bhutto, BISP support, Defence contribution, Latest, National Assembly, NFC Award

Bilawal vows continued support for BISP amid criticism

June 18, 2026 by Zuha shahzad

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has strongly defended the Benazir Income Support Programme (BISP), describing criticism of the social welfare initiative as regrettable and reaffirming his party’s commitment to protecting and expanding it. Addressing the National Assembly on Thursday, Bilawal said BISP had proven its effectiveness over the years and had earned […]

Filed Under: Pakistan Tagged With: Bilawal Bhutto Zardari, BISP, Latest, lead3, National Assembly, Pakistan politics, poverty alleviation, PPP

Asad Qaiser rejects Khawaja Asif allegations

June 17, 2026 by Attia Naveed

Former National Assembly speaker Asad Qaiser has responded to remarks by Defence Minister Khawaja Asif, saying intelligence officials were present only to provide input on legislation related to the Financial Action Task Force (FATF). The statement comes amid a political dispute over meetings held during discussions on key anti-money laundering laws. The exchange has renewed […]

Filed Under: Pakistan Tagged With: Asad Qaiser, FATF bills, ISI officials, Khawaja Asif, Latest, National Assembly, Pakistan politics

FBR says 9,000 Pakistanis hold billions in deposits but pay no income tax

June 17, 2026 by Zuha shahzad

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial has revealed that around 9,000 individuals in Pakistan collectively hold bank deposits worth Rs750 billion despite paying no income tax, highlighting significant gaps in the country’s tax system. The disclosure was made during a meeting of the National Assembly Standing Committee on Finance, chaired by Syed […]

Filed Under: Business, Pakistan Tagged With: FBR, income tax, Latest, Lead4, National Assembly, Pakistan economy, Rashid Langrial, tax reforms

Khawaja Asif sees stronger economic recovery

June 16, 2026 by Attia Naveed

Khawaja Asif

Defence Minister Khawaja Asif said Pakistan’s economy has emerged from a critical phase and regained stability. Speaking in the National Assembly, he credited reforms and IMF-backed measures for the improvement. His remarks matter because economic recovery directly affects businesses, investors, and millions of Pakistanis. Addressing lawmakers during the budget debate, Asif said Pakistan once faced […]

Filed Under: Pakistan Tagged With: IMF programme, Khawaja Asif, Latest, mustafa kamal, National Assembly, NFC Award, Pakistan economy

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