Pakistan’s business leaders community has offered a mixed reaction to the federal budget for FY2026-27, welcoming selected tax relief measures while criticizing the absence of a clear roadmap for industrial growth, exports and investment. Leaders from major trade and industry bodies said the Rs18.7 trillion budget contains some positive steps but falls short of addressing […]
Federal Budget 2026-27
PTI strongly rejected budget, alleges figure manipulation
Pakistan Tehreek-e-Insaf (PTI) has strongly rejected the federal budget for fiscal year 2026-27, accusing the government of manipulating financial figures and placing an unfair burden on ordinary citizens. Reacting to the budget presented by Finance Minister Muhammad Aurangzeb, PTI Central Information Secretary Sheikh Waqas Akram described the financial plan as a budget designed to benefit […]
India can’t accept defeat, discussing Sindoor 2: Bilawal
Chairman of the Pakistan Peoples Party Bilawal Bhutto Zardari said India has failed to accept its defeat against Pakistan. He claimed India is now discussing “Operation Sindoor 2” and seeking to weaken Pakistan. His remarks came during a parliamentary party meeting while discussing national security and the federal budget. Addressing party lawmakers, Bilawal said Pakistan […]
PM Shehbaz, MQM-P discuss Sindh development projects
Prime Minister Shehbaz Sharif assured MQM-P leaders of budget support for Karachi and Hyderabad projects during a meeting in Islamabad on Friday. The discussions focused on development funding, infrastructure upgrades, and key public projects. The outcome matters for millions of residents awaiting improved services and economic opportunities in Sindh’s urban centres. During the meeting, the […]
National Assembly and Senate sessions sessions summoned as budget likely on June 12
The National Assembly and Senate sessions have been summoned for Wednesday as the government prepares to present the federal budget for the 2026-27 fiscal year, which is expected to be unveiled on June 12. Read More: President summons Senate, National Assembly sessions President Asif Ali Zardari convened the sessions of both houses of parliament on the advice […]
Budget 2026-27 may be delayed to June 12
The federal government is considering postponing the presentation of the 2026-27 budget from June 10 to June 12. Discussions on the proposed change are ongoing as several key budget matters remain unresolved. The delay could affect parliamentary scheduling and final budget preparations ahead of the new fiscal year. According to sources, a final decision on […]
Tax relief proposals await IMF approval before FY27 budget
The federal government is awaiting approval from the International Monetary Fund (IMF) for a package of tax relief measures ahead of the 2026-27 budget, while simultaneously negotiating new revenue-generating proposals to meet ambitious tax collection targets. Read More: Budget 2026 sees tax reform proposals According to officials, the proposed relief package includes reductions in income tax slabs for […]
Govt proposes Rs1.1 trillion development budget for FY27
ISLAMABAD: The federal government has proposed a development budget exceeding Rs1.1 trillion for the fiscal year 2026-27 (FY27), with significant allocations earmarked for water resources, power projects, transport infrastructure and education initiatives. Read More: Punjab likely to unveil tax-free budget for next fiscal year According to budget documents, Rs754.9 billion has been proposed under the federal […]