Power Minister Awais Ahmad Khan Leghari addresses a press conference in Islamabad on May 31, 2026. — Screengrab via GeoNewsEligible users continue receiving subsidy through QR code system: minister.QR code reforms aim to ensure subsidies reach deserving users: Leghari.Power minister…
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Govt considers slashing FBR tax target, proposal of floods levy on cards
A representational image showing the FBR logo. — FBR website/FileGovt mulls reducing FBR’s tax target to Rs13.7tr from Rs14.13 tr.Reduction of tax target by Rs300-500bn for FY26 possible.Flood levy to be imposed on high-net-worth sectors, individuals.
ISLAMABAD:…
‘$5bn aid may ease short-term pressure, not long-term interest’
A foreign currency dealer counts US dollars at a shop in Karachi, on May 19, 2022. — AFP/File
Musadaq Zulqarnain, a Pakistan Business Council member, said that the $5bn aid from friendly countries may ease short-term pressures but is not in Pakistan’s long-term…
Economy maintains trajectory of stabilisation, growth despite floods: ministry
Representational image of people buy pulses and grains at a wholesale market. — AFP/File Exports rise 10%, remittances climb 7% in July–August.LSM sector posts 9% year-on-year growth in July.CPI inflation drops to 3% in August compared to 9.6% last year.