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National

Government Rules Out Ending Electricity Subsidy for Protected Consumers Using Less Than 200 Units

▫️Power Minister Awais Leghari says more than 20 million low consumption consumers will continue receiving relief under a new QR code based registration system

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National

Major Tax Relief Likely for Property Buyers and Sellers in Federal Budget 2026-27

▫️Government considers reducing withholding tax and capital gains tax on real estate transactions to lower costs and revive market activity

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National

Repair Work Brings Dera Ismail Khan Airport Closer to Reopening After Decade Long Closure

▫️Governor Faisal Karim Kundi says runway carpeting has been completed while remaining rehabilitation work, safety audits and operational arrangements are being finalized

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City District

CDA Orders Fast Track Development Work in Islamabad’s Sector E 12

▫️Chairman directs engineering wing to complete pending infrastructure work on priority as land possession and compensation issues continue to delay progress

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Global

Higher Mortgage Rates Weaken U.S. Loan Demand as Refinancing Falls Sharply in May

▫️Mortgage applications declined 8.5 percent as the average 30 year fixed rate rose to 6.65 percent, its highest level since August 2025

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