Islamabad: The federal government has proposed a wide range of tax, compliance and digital enforcement measures in the Finance Bill, with the new provisions expected to take effect from July 1, subject to parliamentary approval. Among the key proposals is a 15-year sales tax exemption for Pakistan International Airlines (PIA) on the purchase of aircraft. […]
finance bill 2026
Aurangzeb defends budget, promises tax relief
Finance Minister Muhammad Aurangzeb said the government is expanding the tax base instead of increasing pressure on salaried taxpayers. Addressing the National Assembly on Saturday, he defended the 2026-27 budget and highlighted measures aimed at economic growth and fiscal stability. The budget affects taxpayers, businesses, farmers, exporters, and industries across Pakistan. Aurangzeb said the government […]
Govt and traders near deal on fixed retailer tax scheme
The federal government and trader bodies are moving closer to a consensus on a simplified fixed tax scheme for retailers, aimed at small businesses with annual turnover up to ₨200 million. The proposal is expected to be included in the Finance Bill 2026-27 as authorities seek to widen the tax base while reducing compliance pressure […]