Sindh Chief Minister Syed Murad Ali Shah presented a Rs 3.56 trillion budget for FY2026-27 on Wednesday, without imposing any new taxes and announcing a 7 per cent increase in government employees’ salaries and pensions. The session was delayed due to a ruckus created by lawmakers of the Muttahida Qaumi Movement-Pakistan (MQM-P). MPA Ali Khurshidi […]
new taxes
Salaries, pensions up by 10%, new taxes worth Rs2 trillion in budget 2025–26
ISLAMABAD – The budget documents for the fiscal year 2025–26 have been revealed ahead of the formal presentation in Parliament. According to details, the total proposed budget size is Rs17,573 billion. Of this, Rs1,000 billion is allocated for development spending, while non-development expenditures are projected to be Rs16,286 billion. The government proposes Rs2 trillion in […]
Govt eyes Rs600bn in new taxes: YouTubers, freelancers, pensioners & more in FY26 budget net
Islamabad – The Pakistan government is preparing to bring major changes in the upcoming federal budget for 2025-26, including new taxes targeting freelancers, YouTubers, and pensioners. A research report by Topline Securities suggests the government is aiming to collect an additional Rs500–600 billion in taxes to meet IMF targets. To achieve a projected revenue collection […]
Ex-PM says national budget ‘based on a lie’ of 24% increase in tax revenue
Former prime minister and PMLN Senior Vice President Shahid Khaqan Abbasi has said that the PTI-led government’s entire federal budget 2021-22 was based on the lie that this government will increase the tax revenue collection of the country by 24 percent. “They have not been able to meet a single one of their revenue targets […]