The National Assembly approved 89 demands for grants worth Rs40.48 trillion through a majority vote, clearing a major stage of the federal budget process and authorising funding for 29 ministries, divisions, and government institutions. The session was chaired by Speaker Sardar Ayaz Sadiq, while Finance Minister Muhammad Aurangzeb presented the allocations before the House. A […]
National Assembly
National assembly approves Rs4.3 trillion federal grants package
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 […]
National assembly pays tribute to Shaheed Benazir Bhutto legacy
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 […]
FY27 budget lays groundwork for faster sustainable growth, says Aurangzeb
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 […]
Aamir Dogar welcomes fuel price cut, urges reduction in petroleum levy
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 […]
NA panel approves 5% withholding tax on YouTube, social media earnings
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 […]
Bilawal rules out further provincial sacrifices beyond defence
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 […]
Bilawal vows continued support for BISP amid criticism
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 […]
Asad Qaiser rejects Khawaja Asif allegations
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 […]
FBR says 9,000 Pakistanis hold billions in deposits but pay no income tax
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 […]