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The interior minister was immediately shifted to a nearby hospital; he was later shifted to Lahore, the provincial capital city of Punjab province.
The attacker was arrested and is being questioned, officials said. "We request all friends and well wishers to remember him their special prayers - at Services Institute Of Medical Sciences", he said.
Meanwhile, lawmakers in the Senate unequivocally and unanimously condemned the bloody repression of citizens in Indian occupied Kashmir (IOK) by Indian security forces and called upon the global community to end its silence and deliberate negligence of the systematic repression of Kashmiris at the hands of the Indian government.
Talal Chaudhry, the minister of state for interior affairs, said Iqbal was hit by a bullet in his arm when a gunman fired a pistol at him from about 20 meters away.
He said that some elements wanted to derail the democratic process in the country and it was important for politicians to set aside their political affiliations and work for the betterment of the country.
He also strongly condemned the Indian army's atrocities in Occupied Kashmir.
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He also condemned the brutality by the Indian Occupied forces on innocent Kashmiris.
The Station House Officer of the Shah Gharib Police Station has been suspended for providing inadequate security arrangements to the interior minister, Geo TV reported.
A local official told AFP that the shooter said he was inspired by a controversy a year ago in which a small amendment to the oath election candidates must swear had to be hastily reversed after it was linked to blasphemy, a highly inflammatory charge in the deeply conservative Muslim country.
Punjab Chief Minister Shahbaz Sharif described the attack as an assassination attempt.
The head of the interior Ministry of Pakistan Ahsan Iqbal made an attempt, he received a gunshot wound at the rally.
Iqbal later tweeted thanking God that he had survived the attack.
Police have booked Hussain for attempted murder and terrorism charges under Pakistan Penal Code and Anti-Terrorism Act.