MG Morning Breeze: Updates to Skim before Market

June 11, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Pakistan hikes defence budget by 20%, slashes federal spending

Anticipate that Pakistan will tighten its fiscal belt while expanding its military strength, as the federal Read more

• Govt launches Cargo Tracking System to curb smuggling

The government has introduced a comprehensive "Cargo Tracking System" aimed at curbing smuggling and enhancing tax compliance, as per the Finance Bill presented during the budget FY26 speech.. Read more

• New budget eases tax burden on construction, housing

In a bid to revitalize the construction sector, the federal government has proposed a substantial reduction in taxes Read more

• Govt proposes tax relief for salaried class

The government has proposed to reduce the existing 5% tax slab, applicable on income between Rs600,000 and Rs1,200,000 per year, to 1%.. Read more

• Govt allocates Rs67bn for clean energy in budget FY26

In a strategic move to address climate change and transition towards sustainable energy, the federal government has allocated Rs67.2 billion Read more

• Govt imposes Rs2.5/litre carbon levy on petroleum

In a bid to boost revenue and address environmental concerns, the federal government has imposed a new Carbon Levy Read more

• Govt slashes total budget outlay by 7% to Rs17.57tr

The total budget outlay for FY2025–26 is estimated at Rs17.57 trillion during the budget FY25-26 speech, reflecting a 6.91% decrease from the previous year’s outlay of Rs18.877tr.. Read more

• Govt allocates Rs1tr for PSDP FY26, nearly Rs3tr for ADPs

The federal government has allocated Rs1 trillion for the Public Sector Development Programme (PSDP) 2025-26 during the budget 2025-26 announcement, alongside Rs2.869tr for Provincial Annual Development Plans (ADPs) and Rs355 billion from State-Owned Enterprises' (SOEs) own resources.. Read more

• Govt doubles E-Commerce tax in budget FY26

In a significant move to capture the growing digital economy, the federal government has expanded the e-commerce Read more

• Govt unveils new tariff slabs of 5%, 10%, 15% in budget FY26

The federal government has introduced a revised tariff regime in the Budget 2025–26, featuring new slabs of 5%, 10%, and 15% while abolishing the earlier 3%, 11%, and 16% rates.. Read more

• PSX Closing Bell: On the Up and Up

The benchmark KSE-100 Index concluded Tuesday's trading session at 122,024.44, showing an increase of 383.44 points or 0.32%.. Read more

• SBP targets to raise over Rs4tr: Auction Calendar Jun-Aug

The government is targeting to raise Rs4.35 trillion during the three months from June-August 2025, through the auction of Market Treasury Bills (MTBs), Pakistan Investment Bonds (PIBs) Fixed Rate, and PIBs Floating Rate.. Read more

• Pakistan’s IT sector shines as freelancers bring in $400m during Jul–Mar FY25

Pakistan’s Information Technology and Telecommunication sector recorded a significant performance in FY2025, with freelancers alone contributing $400 million in remittances during July–March.. Read more

• Halan Microfinance Bank secures national license from SBP

Halan Microfinance Bank, a Pakistani microfinance bank owned by MNT-Halan Egypt and the MENA Read more

• Pakistan’s debt rises 6.7% by Jul–Mar FY25: Economic Survey

Pakistan’s total public debt stood at Rs76.01 trillion by the end of March 2025, reflecting a 6.7% growth in the first nine months of FY25 Read more

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