The federal government has allocated Rs5 billion in the FY26 budget for a new low-cost housing scheme. This scheme will provide a mark-up subsidy on loans to make home financing easier. The government will work with the State Bank of Pakistan to launch the program soon, aiming to help more people afford homes. Under this […]
FY26 budget
Tax relief demands from salaried class alliance ahead of FY26 budget
The Salaried Class Alliance Pakistan has requested the government to revise tax slabs and increase exemption limits. In a letter to Finance Minister Senator Muhammad Aurangzeb, the Alliance highlighted soaring tax collections from salaried individuals. They reported that revenue from this group increased from Rs 76 billion in 2019 to an expected Rs 570 billion […]
Government considers corporate tax cuts for FY26 budget
The government is exploring a reduction in the Corporate Tax Rate in the upcoming FY26 budget. Officials aim to provide additional tax relief in various areas to stimulate the economy. They see this potential change as an opportunity to encourage investment and boost job creation across Pakistan. Government leaders are looking to utilize fiscal space […]