The Standard

News and opinion (formerly @NewsweekPak)

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A news roundup of the top Pakistani stories for June 8, 2026
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[The Standard @PakStandard]

Fixed tax scheme is optional for traders with sales of Rs. 200 million or less, with those availing it to also be exempt from FBR’s point of sale requirement
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[The Standard @PakStandard]

For coming week, ex-depot price of petrol fixed at Rs. 377.78/liter while diesel remains unchanged at Rs. 380.78/liter
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Deputy prime minister directs close coordination between federal, provincial institutions to strengthen oversight to ensure assistance reaches intended beneficiaries efficiently
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New amendments allow partnerships, limited liability partnerships and carved out business divisions to use their historical profitability to qualify for an IPO
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A three-judge bench of the Supreme Court has dismissed convicted murderer Zahir Jaffer’s review plea in the Noor Mukadam case, upholding his death sentence
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Opposition leader Mehmood Khan Achakzai has challenged in the BHC a case registered against him over a 'controversial' speech, arguing it does not meet constitutional and legal requirements
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The government aims to complete deliberations and adopt the budget proposals by June 24
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Both domestic and export dispatches declined last month, with the APCMA hoping for relief in upcoming budget to support local industry
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According to a briefing given to the National Assembly Standing Committee on Commerce, Pakistan’s exporters may see further declines in the next 3-6 months if the Pak-Afghan border remains shut and the Middle East conflict persists
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Committee for Monitoring and Implementation of Austerity Measures relaxes restrictions on business hours, allowing shops, markets, malls outlets to remain open until 9 p.m., and eateries until 11 p.m.
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Reiterating demand for a meeting with Imran Khan to discuss budget proposals, KP chief minister warns the PTI's lawmakers will stage a sit-in outside the National Assembly next week if the present situation persists
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Joining PMLN's election campaign in Gilgit-Baltistan, former prime minister says region has great potential for hydel, solar electricity and vows to establish a women’s university if his party comes into power in June 7 polls
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Among respondents, 61% have cited inconsistent government policies as a key structural threat to business growth in Pakistan
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Stakeholders urge government to view telecom not as mere source of revenue, but rather a strategic sector capable of driving economic growth, innovation and digital inclusion
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In address at election campaign rally, PPP chairman claims devolving BISP to provinces will lead to its end
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Power minister claims ‘eligible’ consumers will continue to receive electricity subsidy through QR code-based system, noting over 20 million consumers are currently availing subsidies
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The Islamabad Capital Territory administration has re-imposed restrictions on market timings as part of fuel conservation measures, requiring a bulk of businesses to shutter operations by 8 p.m. 'until further orders'
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Authorities are hoping for sustained recovery in agriculture and large-scale manufacturing, as well as higher private sector investment and stronger services performance in the upcoming fiscal year
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Planning minister laments growing share of government resources used for debt servicing rather than development, noting situation has compelled center to prioritize 'key' projects
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