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The Punjab government has a GP Fund profit rate of 12.05%.
For the fiscal year 2025–2026, the Punjab government has declared a 12.05 percent annual profit rate on the General Provident Fund (GP Fund) of public employees.
The Punjab Finance Department states that during the fiscal year 2025–2026, General Provident Fund deposits will be subject to the new profit rate.
The profit rate, which was 12.46 percent for the fiscal year 2024–2025, has been lowered by 0.41 percentage points.
The heads of autonomous and semi-autonomous organisations, as well as all development authorities, have received an official notification from the Finance Department about the updated GP Fund profit rate.
The government underlined that employees whose relevant fund regulations specify a different profit rate will not be subject to the 12.05 percent rate.
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As Pakistan gets ready for their first Test match against England, Babar Azam’s future is in jeopardy.
– Pakistan captain Babar Azam’s availability for the opening Test against England will be decided after the national team’s practice session on Tuesday, as the batter continues to recover from a hand injury.
Babar was struck on the hand by a ball during a practice match ahead of Pakistan’s Test series in England. He subsequently took part in a training session at Headingley, providing an encouraging sign ahead of the series opener.
The Pakistan team is scheduled to hold another practice session, after which the management will assess Babar’s fitness and make a final decision on whether he is fit to feature in the first Test.
Batter Shan Masood, who sustained an injury during Pakistan’s tour of the West Indies, also participated in the practice session at Headingley.
Meanwhile, Pakistan fast bowler Mohammad Abbas said the squad comprises a combination of experienced and younger players and expressed confidence that the team would seek a strong performance against England.
“We have senior and junior players in the team, and we will try to perform well in the series against England,” Abbas said.
The first Test of the series is scheduled to begin in Leeds on August 19, with Pakistan hoping to enter the contest at full strength as it faces the hosts in English conditions.
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According to a Reuters/Ipsos poll, Trump’s approval drops to 33%, the lowest level of his presidency.
President Donald Trump’s approval rating fell to the lowest level of his presidency, with an overwhelming majority of Americans concerned the U.S. war with Iran will last a long time, according to a Reuters/Ipsos poll that concluded on Monday.
Just 33% of respondents in the four-day survey said they approved of Trump’s performance in the White House, while 64% disapproved. Trump’s approval rating, down from 35% in a poll that closed earlier this month and lower than at any point in his current term, has now tied the lowest level of his prior term reached in December 2017.
After returning to the White House in 2025 with just under half the country approving of his presidency, Trump’s popularity this year took a hit after he ordered strikes on Iran alongside U.S. ally Israel. The ensuing conflict paralyzed a fifth of the global oil trade, triggering a surge in the price of gasoline that is weighing on U.S. households – and on Trump’s Republican allies defending congressional majorities in November midterm elections.
Trump, who campaigned on promises to keep inflation in check and avoid long-lasting wars, initially pledged the conflict with Iran would take a few weeks. But Iran has proved resilient and has kept the oil trade through the Strait of Hormuz largely bottled up even as the conflict has cooled.
Some 80% of Americans – including 87% of Democrats and 71% of Republicans – think U.S. involvement in Iran “will go on for an extended period of time,” the Reuters/Ipsos poll found. Just 16% said the conflict would likely end in a few weeks.
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PM Shehbaz emphasises providing pilgrims with high-quality facilities while reviewing Hajj preparations.
The necessary authorities have been instructed by Prime Minister Shehbaz Sharif to make sure that all preparations are completed on time and that Pakistani pilgrims have the best amenities available for the forthcoming Hajj.
Prime Minister Shehbaz Sharif was updated by Federal Minister for Religious Affairs Sardar Muhammad Yousaf on the status and preparations for the impending Hajj.
Additionally, the minister informed the prime minister on issues pertaining to the Ministry of Religious Affairs and the actions that the ministry was taking.
Throughout the Hajj operation, PM Shehbaz emphasised the need of providing Pakistani pilgrims with excellent amenities and efficient procedures.
In order to allow pilgrims to fulfilll their religious duties easily and without needless hassles, he instructed the authorities to finish all essential preparations within the allotted time.
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