The government on Friday launched a new fixed tax scheme to bring small traders into the tax net. The initiative targets businesses with annual sales of up to Rs200 million through simplified compliance. Small shop owners, traders, and tax authorities are expected to be directly affected by the move. Finance Minister Muhammad Aurangzeb, Minister of […]
Pakistan budget 2026-27
Pakistan to unveil budget on June 10
Pakistan will present the federal budget for fiscal year 2026-27 on June 10, outlining key economic priorities and policy measures. The budget will determine government spending, revenue plans and development strategies for the coming year. Businesses, investors and citizens are closely watching the announcement for measures affecting economic growth and inflation. Advisor to the Finance […]
PM seeks bigger development budget ahead of FY27
ISLAMABAD: Prime Minister Shehbaz Sharif has directed economic authorities to increase the proposed federal Public Sector Development Programme (PSDP) allocation for the fiscal year 2026-27 by Rs200 billion, signalling the government’s intention to boost spending on development projects despite fiscal constraints. Read More: Provinces propose record Rs3.14 trillion development budget According to sources, the prime minister […]
Pakistan budget 2026–27 eyes heavy taxes
Pakistan’s upcoming federal budget for 2026–27 is expected to introduce heavy taxation measures and subsidy cuts under commitments linked to the International Monetary Fund. Sources indicate the fiscal plan aims to expand revenue sharply, raising concerns over further inflationary pressure on consumers. The total budget size is projected to exceed Rs 17,000 billion. Officials say […]
Budget 2026 sees tax reform proposals
Pakistan’s business community has proposed major tax reforms for Budget 2026–27, calling for broad relief measures to boost investment, exports, and economic growth. The recommendations focus on reducing the tax burden, expanding the tax net, and supporting key sectors including industry, agriculture, IT, and manufacturing. Among the key proposals is the demand to abolish the […]
Federal govt unveils 2026-27 budget priorities
The federal government has set priorities for the upcoming budget 2026-27, focusing on green growth, climate resilience, and public relief. GDP growth is projected at 5.1 percent, while inflation is expected to remain around 6.5 percent. The new budget will introduce green taxes, climate-related subsidies, and non-tax revenue measures. Finance Ministry officials said all ministries […]