June 2026

Political leaders hail U.S.-Iran understanding, praise diplomacy

The President praised Pakistan for its continued support for dialogue and diplomacy throughout the period of tensions President Asif Ali Zardari, Prime Minister Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Ishaq Dar Political leaders, including President Asif Ali Zardari, Prime Minister Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Ishaq Dar and Finance Minister

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Bitcoin traders have reason to watch Tuesday’s BOJ rate decision. Yen shorts at nine-year high

These carry trades have helped fuel bull markets on Wall Street and in government bond markets in advanced countries for years. Some analysts believe they have also supported crypto markets. As a result, a sudden decline could destabilize all markets, including Bitcoin. The current pattern is strikingly similar to the one leading up to the

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KP RTI Act fails due to weak enforcement

ISLAMABAD: Twelve years after Khyber-Pakhtunkhwa became Pakistan’s first province to enact a Right to Information (RTI) law, the province’s innovative transparency framework is struggling to deliver on its promises due to weak enforcement, legal loopholes and institutional constraints, according to a new policy brief released by the Free and Fair Elections Network (FAFEN). In its

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Experts welcome tax break on sanitary napkins, contraceptives, but urge caution

The federal government has proposed to abolish tax on sanitary napkins, women’s health products and contraceptives in the budget for the financial year 2026-27. Finance Minister Muhammad Aurangzeb made the announcement while presenting the federal budget, saying essential elements for women’s health were daily necessities linked to dignity and social participation. “Essential items for women’s

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The Opp calls for a budget to worsen the crisis

ISLAMABAD: Opposition politicians have sharply criticized the federal budget, arguing that it fails to provide relief to ordinary citizens and reflects the government’s inability to address Pakistan’s worsening economic challenges. Leaders of an alliance of opposition parties – TTAP – and JI on Sunday criticized the budget announced by the PML-N-led federal government on Friday.

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FBR eyes faceless tax regime

ISLAMABAD: The federal government has proposed sweeping changes to Pakistan’s tax administration system under the Finance Bill 2027, including the establishment of an anonymous national center, the introduction of anonymous audit and assessment mechanisms, and stricter enforcement measures against tax evasion and false invoicing. According to details, the amendments to tax laws proposed in the

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The economy triggers a verbal duel in North America

ISLAMABAD: The National Assembly witnessed heated exchanges on Sunday, as Treasury and opposition MPs clashed, with the government defending the federal budget as a roadmap for economic recovery and the opposition rejecting it as a document dictated by the IMF. Opening the government’s defense of the budget in the House, Federal Minister for Information and

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