October 12, 2026

June 18, 2026

Government official speaking, defence budget news

Defence Budget Spending Surge: Government Raises Military Allocation to PKR 3,000 Billion for FY27

ISLAMABAD — As National Assembly budget deliberations continue, Finance Minister Muhammad Aurangzeb has outlined a 17.6% increase in the country’s national defense spending, elevating the final allocation to PKR 3,000 billion for the fiscal year 2026-27. Presenting the broader PKR 18,771 billion federal layout, the government emphasized that this significant fiscal step is explicitly driven […]

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Person speaking at podium, digital tax hearing

Social Media Earnings Tax: Senate Committee Backs 5% Direct Levy on Digital Content Creators

ISLAMABAD — The Senate Standing Committee on Finance, chaired by Senator Saleem Mandviwalla, has officially reviewed and endorsed a mandatory 5% tax on earnings generated through social media platforms under Finance Bill 2026. The new framework marks a massive push by the FBR to bring monetized content creation, influencer advertising, and digital entrepreneurs directly into

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Government leader signing peace accord document

US-Iran Peace Accord Signed: President Trump and Pezeshkian Finalize Historic Treaty Brokered by Pakistan

ISLAMABAD / VERSAILLES — In a historic victory for Pakistani diplomacy, the United States and Iran have officially signed a comprehensive initial treaty to permanently end their months-long war, ease crippling economic sanctions on Tehran, and reopen the strategic Strait of Hormuz. Prime Minister Shehbaz Sharif formally endorsed the agreement, detailing that the breakthrough was

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