ISLAMABAD: Finance Minister Muhammad Aurangzeb on Friday announced the imposition of a Federal Excise Duty (FED) on imported vehicles as part of the government’s new fiscal measures unveiled in the federal budget. Presenting the budget, the finance minister said the new duty will also apply to sport utility vehicles (SUVs) […]
Author: PN News Desk
Poverty rises to 28.9pc as education spending drops to 0.8pc of GDP: Economic Survey
ISLAMABAD: Pakistan’s poverty rate climbed to 28.9 per cent in FY2024-25 while education spending fell to just 0.8 per cent of GDP in FY2025, according to the Pakistan Economic Survey 2025-26, highlighting growing socioeconomic challenges despite recent macroeconomic stability. The survey shows a significant reversal in poverty reduction trends, with […]
Pakistan economy grows 3.7% in FY2025-26 despite global challenges, says Aurangzeb
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday said Pakistan’s economy demonstrated resilience during fiscal year 2025-26 despite global trade uncertainty, devastating floods and regional geopolitical tensions, recording a growth rate of 3.7 per cent — the highest in four years. Addressing a press conference after the launch of the Pakistan […]
AJK revokes legal protections for JAAC protesters, restores 177 criminal cases
MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) government has revoked a series of legal protections and amnesty measures previously granted to members and supporters of the banned Jammu Kashmir Joint Awami Action Committee (JKJAAC), restoring 177 criminal cases that had earlier been withdrawn under a peace agreement. According to an […]
NA suspends PTI lawmaker Iqbal Afridi for entire budget session
ISLAMABAD: The National Assembly on Thursday suspended Pakistan Tehreek-e-Insaf (PTI) lawmaker Iqbal Afridi for the remainder of the ongoing budget session after Speaker Sardar Ayaz Sadiq accused him of misconduct with National Assembly staff, the DG Media and police personnel. During the proceedings, the speaker directed the Sergeant-at-Arms to remove […]
26 militants killed in Pakistan’s cross-border strikes, says Tarar
ISLAMABAD: Information Minister Attaullah Tarar said on Wednesday that at least 26 militants were killed in precise and calibrated strikes carried out by Pakistan along the Afghanistan border, targeting hideouts and safe havens of terrorists involved in planning recent attacks inside the country. In a statement shared on X, Tarar […]
Macroeconomic stability achieved through collective efforts, PM tells NEC
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday praised the cooperation of provincial governments in tackling major economic challenges, saying Pakistan achieved macroeconomic stability through collective efforts and coordinated decision-making. Addressing a meeting of the National Economic Council (NEC), the prime minister said the federal government took decisions in the best […]
10 tourists killed as van catches fire after crash on Murree Expressway
MURREE: At least 10 tourists were killed and several others injured after a passenger van crashed and caught fire near Khajut on the Islamabad-Murree Expressway, officials said on Wednesday. According to Murree Deputy Commissioner Agha Zaheer Abbas Shirazi, the vehicle was carrying 23 members of the same family and was […]
Gilgit-Baltistan election results partially withheld as re-polling ordered
ISLAMABAD: Gilgit-Baltistan’s Chief Election Commissioner Raja Shahbaz has announced that final results from several constituencies will remain on hold until re-polling is completed in selected polling stations next week. According to the Election Commission, re-polling will be held on June 15 in parts of five constituencies: The decision comes after […]
AJK begins legal action against banned JAAC leaders over sedition allegations
MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) government has initiated formal legal action against leaders of the banned Jammu Kashmir Joint Awami Action Committee (JAAC), accusing them of sedition and anti-state activities. According to official directives, the Senior Superintendent of Police (SSP) Muzaffarabad has been tasked with investigating allegations against […]









