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 […]
Pakistan budget 2026-27
Pakistan aims to bring 3.5 million shopkeepers into tax net this fiscal year
ISLAMABAD: Pakistan’s Minister of State for Finance and Revenue Bilal Azhar Kayani has announced that the government plans to bring approximately 3.5 million shopkeepers into the tax net during the current fiscal year as part of efforts to broaden the country’s tax base and strengthen the economy. Speaking during the debate on the federal budget […]
Government abolishes tax on sanitary products
The federal government has abolished the 18 percent sales tax on tampons, sanitary pads, condoms, and contraceptive medicines in the 2026-27 budget. The move aims to reduce costs for essential health products. Women, families, and healthcare consumers across Pakistan are expected to benefit. The announcement forms part of the government’s broader relief measures in the […]
Budget 2026-27 brings solar tax stability
The federal government has decided not to increase sales tax on solar panels in the 2026-27 budget. The move provides relief to consumers facing high electricity costs. Solar users, businesses, and the renewable energy sector are expected to benefit significantly. The decision comes as a major relief for households and businesses that rely on solar […]
Pakistan Presents Rs18.77 Trillion Federal Budget for FY 2026–27
Islamabad: Finance Minister Muhammad Aurangzeb presented the federal budget for fiscal year 2026–27 in the National Assembly, unveiling a total outlay of Rs18,771 billion with a strong focus on fiscal consolidation, tax reforms, social protection, and development spending. The budget comes at a time when Pakistan is navigating high debt servicing costs, external economic pressures, […]
Budget for fiscal year 2026-27 to be presented in parliament today
The federal government is set to present the budget for the fiscal year 2026-27 in both houses of Parliament today, with Finance Minister Muhammad Aurangzeb scheduled to unveil the financial plan in the National Assembly at 3pm, followed by a presentation in the Senate. According to parliamentary officials, the budget comes at a critical economic […]
Cabinet meeting expected to approve budget and salary hike
A special meeting of the federal cabinet has been convened today in Islamabad to approve key budget proposals for the fiscal year 2026-27, with expectations of decisions on salary increases for government employees and finalisation of budget documents ahead of their presentation in Parliament. Prime Minister Shehbaz Sharif will chair the meeting at Parliament House […]
Government, PPP reach budget agreement ahead of new fiscal year
The federal government and the Pakistan Peoples Party (PPP) have reached a key financial understanding ahead of the 2026-27 budget, paving the way for consensus on fiscal matters and easing concerns over resource distribution between the federation and provinces. According to sources, negotiations between the government’s technical committee and the PPP concluded successfully during a […]
Government proposes tax cuts for salaried
The federal government is awaiting IMF approval for several tax measures and relief proposals in the 2026-27 budget. The proposed package includes tax relief for salaried individuals, businesses, and the property sector. The outcome will affect taxpayers, investors, and the government’s revenue targets for the next fiscal year. According to official sources, the government has […]
Federal PSDP earmarks Rs252bn for regions
The federal government has proposed Rs252 billion for provinces and special areas under the 2026-27 Public Sector Development Programme. The allocation highlights Islamabad’s continued role in financing regional development despite fiscal pressures. Provincial governments, development agencies, and residents stand to benefit from the planned spending. Budget documents show that provincial and regional development projects carry […]