Business Recorder

Minister pledges record development budget

LAHORE: Punjab Housing and Urban Development Minister Bilal Yasin announced on Monday that the provincial government is preparing a historic development budget for the upcoming fiscal year, focusing on public welfare and infrastructure growth. Spe…

Business Recorder

KP to launch agri uplift schemes in merged districts

PESHAWAR: The government of Khyber Pakhtunkhwa has decided to launch 16 agricultural sector development schemes under the Accelerated Implementation Programme (AIP) for the uplift of erstwhile Federal Administered Tribal Area (Fata) in merged dist…

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Business Recorder

KP CM approves provincial youth policy 2026

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Muhammad Sohail Afridi, has accorded in-principles approval to the Khyber Pakhtunkhwa Youth Policy 2026. The policy will be submitted to the Provincial Cabinet for final approval. Chairing a meeting of …

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Business Recorder

Budget proposals submitted: Govt should reduce GST rate up to 15pc: UBG

KARACHI: President of the United Business Group (UBG), Zubair Tufail, in his recommendations submitted to the government for the Federal Budget 2026-27, stated that in order to strengthen economic confidence, attract investment, increase productio…

Business Recorder

Freelancers demand retaining 0.25pc tax on foreign earnings

KARACHI: The Pakistan Freelancers Association (PAFLA) has called on the Federal Board of Revenue (FBR) and the Ministry of Finance to continue supporting Pakistan’s growing freelancing and digital workforce in the Federal Budget 2026-27. PAFLA has…

Business Recorder

Tobacco taxation regime: FED collection in FY2025-26 triggers fresh debate: WHO policy

ISLAMABAD: The World Health Organisation’s (WHO) recently released policy brief reviewing that Federal Excise Duty (FED) revenue collection from cigarettes in FY2025-26 has triggered fresh debate on Pakistan’s tobacco taxation regime, with policy …

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Business Recorder

Dar, Egypt’s FM discuss developments in region

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Monday received a telephone call from Egypt’s Foreign Minister, Badr Abdelatty. The two leaders discussed the latest developments in the region. They emphasized th…

Business Recorder

Business community concerned federal budget

KARACHI: Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan and Chairman Policy Advisory Board of FPCCI, has expressed deep concern over the emerg…

Business Recorder

‘Next budget may create more difficulties for traders’

KARACHI: Former Vice President of FPCCI, Tariq Haleem has said that the upcoming federal budget, being formulated under the stringent conditions of the IMF, may create further difficulties for the business community, industries, and the general pu…

Business Recorder

Federal budget FY2026–27: Govt to slash power sector subsidies by around 20pc

ISLAMABAD: The government is set to slash power sector subsidies by around 20 percent to Rs 830 billion in the federal budget for 2026–27, compared to an allocation of Rs 1.036 trillion in 2025–26 and 7 percent from revised allocation of Rs 893 bi…