2026

PESHAWAR — Academics and government employees in Khyber Pakhtunkhwa have praised the income tax relief measures from the 2026-27 federal budget. This initiative is viewed as vital in easing the financial stress on salaried individuals. Restructuring Income Tax Slabs Assistant Professor Sundas Amin commended the government’s plan to restructure income tax slabs. Notable measures include reducing marginal tax rates across various income brackets and eliminating the surcharge on the salaried class. Tax Rate Reductions Salaries between Rs2.2 million and Rs3.2 million will see a tax reduction from 23% to 20%. Incomes between Rs3.2 million and Rs4.1 million will have their tax rate lowered from 30% to 25%. Individuals earning between Rs4.1 million and Rs5.6 million will experience a reduction from 35% to 29%. Additional Financial Support The federal budget also proposes a 7% increase in salaries and pensions for government employees and pensioners. Professor Dr. Muhammad Naeem considers these steps as significant financial support measures.

ATTOCK — On Friday, Attock Police made a significant breakthrough against the local drug trade. Authorities arrested four suspects during separate operations, resulting in the seizure of large quantities of narcotics including hashish, crystal meth, heroin, opium, and liquor. Strategic Drug Bust Operations These law enforcement raids are part of a comprehensive strategic initiative aimed at curbing illegal drug activities in Attock. This initiative underscores the police force’s dedication to tackling the growing issue of narcotics distribution in the area. Executed with precision, the operations relied on detailed intelligence reports. Ongoing Investigations The arrested suspects remain in police custody as investigations continue. Authorities have pledged to intensify efforts in combating drug-related crimes within the district, reinforcing their commitment to public safety.

PESHAWAR — The Sarhad Chamber of Commerce and Industry (SCCI) provided a mixed response to the federal budget for the fiscal year 2026. While the chamber commends the removal of the Super Tax, it criticizes the budget as insufficiently business-friendly. Concerns Over Economic Impact SCCI contends that apart from the elimination of the Super Tax, the budget lacks effective strategies to promote economic growth. The chamber claims it does not offer adequate support to the business community, which is essential for economic advancement. Need for Investment Reforms The chamber urges the government to implement reforms to stimulate investment. Such reforms are deemed critical to overcoming the existing economic challenges faced by businesses. Recommendations for Future Budgets SCCI officials recommend a more comprehensive approach in future budgets. They emphasize that addressing business sector concerns is vital to creating a favorable environment for economic development.

ISLAMABAD — Federal Minister for Finance and Revenue, Muhammad Aurangzeb, presented the federal budget for 2026-27 in the National Assembly on Friday. The budget totals Rs18.771 trillion. Transition to Economic Growth The new budget signifies a shift from economic stabilization towards growth. It emphasizes investment-driven strategies following two years of fiscal consolidation and reforms. Relief-Oriented Approach This budget aims to provide relief by enhancing economic stabilization. It promotes expansion through substantial investments, building on existing fiscal policies to foster economic growth. Commitment to Sustainable Development Minister Aurangzeb stressed the budget’s role in guiding the nation towards sustainable economic development while maintaining fiscal responsibility. Focus on Investment To encourage growth, the budget prioritizes investment-focused policies. This approach is designed to create a supportive economic environment for development.

ISLAMABAD — The government has allocated Rs 2.478 billion for climate change and environmental initiatives in the 2026-27 Federal Budget. This move has received widespread praise from experts, highlighting it as a vital step in enhancing climate policies and promoting renewable energy. Government Dedication to Climate Policies Analysts emphasize that this investment is a clear indication of the government’s commitment to climate-smart policies. The funding aligns with strategies from the International Monetary Fund (IMF) and the World Bank, which provide essential financial guidelines for steering sustainable development. Advancing Climate Agendas This budget allocation underscores key government priorities and strategic directions. This financial commitment aims to build momentum for both national and international climate agendas. It reflects an effort to integrate initiatives across various policy areas, promoting a holistic approach to environmental challenges.

ISLAMABAD — Federal Minister for National Food Security and Research, Rana Tanveer Hussain, held a crucial meeting addressing the challenges in fertilizer availability, pricing, and supply. This session included provincial agriculture ministers, fertilizer manufacturers, importers, and senior officials. Fertilizer Supply for Key Seasons The meeting reviewed the supply of Urea and DAP fertilizers for the ongoing Kharif season and planning for the upcoming Rabi season. Officials reported that all ten national fertilizer plants are operational, collectively providing over one million tonnes of Urea. This production effectively meets farmers’ demands, avoiding shortages. Maintaining Stable Urea Prices Despite rising international fertilizer prices and market fluctuations, Pakistan has successfully maintained stable Urea prices. Minister Hussain emphasized this stability in contrast to global trends and stressed its importance for economic stability. Addressing Price Hikes Minister Hussain addressed the issue of rising fertilizer prices in some markets, instructing companies and authorities to stop unjustified price increases. He warned against profiteering and the creation of artificial shortages. Industry Cooperation Fertilizer company representatives reassured the government that Urea prices would not increase significantly. They committed to cooperating with the government to ensure stable supplies across Pakistan, supporting the agricultural economy.