FinMin says govt focused on broadening tax base, not burdening salaried class in budget

Says ongoing reforms focused on bringing retailers into the tax net and strengthening the revenue system Finance Minister Muhammad Aurangzeb presents Budget 2026-27 in the National Assembly on Friday. — SCREENGRAB ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday said that Pakistan’s macroeconomic indicators remained stable and the government was focused on expanding the tax base…

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Bears tighten grip on PSX as early gains vanish

KARACHI: Selling pressure intensified at the Pakistan Stock Exchange (PSX) on Wednesday, wiping out early gains and pushing the market deep into the red, as investors remained wary of building fresh positions. The benchmark KSE-100 index swung between the intra-day high of 169,686 and low of 165,391, reflecting heightened volatility. Persistent stock selling dragged the…

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Palestine welcomes Israel’s inclusion on UN sexual violence blacklist as ‘realistic, objective’

Israel used sexual violence as war crime, crime against humanity, says Palestinian Foreign Ministry An Italian activist from the Gaza-bound Global Sumud Flotilla, detained by Israeli forces after their vessels were intercepted in international waters in the Mediterranean, poses for a picture upon arrival at Fiumicino Airport, in Fiumicino, Italy, May 21, 2026. REUTERS/Remo Casilli…

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Gold prices in Pakistan Today

KARACHI: Gold and silver prices rebounded in both international and local markets on Saturday, snapping a five-day losing streak as global bullion rates shifted back into positive territory. In the international bullion market, the price of gold per ounce rose by $23, reaching $4,708. Consequently, the impact was felt in local markets across Pakistan. According to…

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Market time restriction restored in Punjab

Eid relaxation from energy conservation measures ends as shops across Punjab must shut by 8pm daily Under the policy, markets, shops, shopping malls and commercial centres across Punjab must shut by 8:00pm. PHOTO: PEXELS LAHORE: The Punjab government will reinstate prescribed business operating hours across the province from Tuesday, following the end of a temporary…

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