Beyond The Time News

Pakistan Cuts Inflation-Relief Subsidy Budget by 8% for FY 2026-27 Amid Fiscal Tightening

Islamabad: The federal government has reduced its overall subsidy allocation by 8% for the upcoming fiscal year 2026-27, scaling back financial support across multiple sectors despite continued pressure from inflation and rising energy costs. The total subsidy budget has been set at Rs1.091 trillion, down from Rs1.186 trillion in the outgoing fiscal year. According to…

Pakistan’s Tax Expenditure Falls to Rs2.35 Trillion as Government Tightens Exemptions

Islamabad: Pakistan’s annual tax expenditure declined for the first time in several years, falling to Rs2.35 trillion during the current fiscal year as the government continued efforts to reduce tax exemptions and broaden the revenue base. The reduction, highlighted in the Economic Survey of Pakistan 2026, reflects ongoing fiscal reforms and commitments aimed at improving…

PSX Surges 2,700 Points as Budget Optimism and Falling Oil Prices Drive Strong Market Rally

Karachi: The Pakistan Stock Exchange (PSX) recorded a sharp upward rally on Friday, with the benchmark KSE-100 Index gaining nearly 2,700 points as investor sentiment improved on budget-related optimism, easing geopolitical tensions, and a steep decline in global oil prices. According to Beyond Time News, the strong bullish momentum reflects renewed confidence in equities as…

Gold Prices Surge in Pakistan Ahead of Budget 2026–27 as Investors Turn to Safe-Haven Asset

Karachi: Gold prices recorded a sharp increase across Pakistan on Friday, just hours before the federal government presents the Budget 2026–27, as investors continued to seek safety amid global economic uncertainty and escalating geopolitical tensions. According to Beyond Time News, the domestic bullion market witnessed a significant rise in both gold and silver rates, reflecting…

Petrol Pump Owners in Pakistan Demand Monthly Fuel Price Review, Warn of Nationwide Protest

Islamabad: Petrol pump owners across Pakistan have urged the government to replace the current weekly fuel pricing mechanism with a monthly revision system, arguing that frequent changes in petroleum prices are creating operational difficulties and financial instability for fuel retailers. The demand comes amid ongoing concerns within the fuel distribution sector about unpredictable pricing adjustments,…

Pakistan Budget 2026-27 to Be Unveiled Today: Expected Tax Relief, Salary Increase and New Revenue Measures

Islamabad: Finance Minister Muhammad Aurangzeb is set to present Pakistan’s federal budget for the fiscal year 2026-27 today, with the government expected to unveil a financial plan worth nearly Rs18 trillion. The budget is likely to focus on revenue generation, fiscal discipline, tax reforms, and targeted relief measures for salaried individuals. According to Beyond Time…

Gold Prices Drop in Pakistan as Global Bullion Market Weakens on June 11

Karachi: Gold prices in Pakistan declined on Thursday, June 11, following a downward trend in the international bullion market. The drop reflects shifting global investor sentiment as precious metal prices come under pressure worldwide. According to Beyond Time News, local gold rates moved lower in line with international price corrections, which affected trading activity in…

Pakistan Extends Grocery Store Closing Hours Under New Austerity and Public Facilitation Measures

Islamabad: The federal government has extended the closing time of grocery and kiryana stores across Pakistan, aiming to improve public convenience while maintaining ongoing austerity and administrative efficiency measures. According to Beyond Time News, the decision was taken during a high-level meeting of the Committee for Monitoring and Implementation of Fuel Conservation and Additional Austerity…