Pakistan Tehreek-e-Insaf (PTI) leader Aamir Dogar has welcomed the government’s decision to reduce petroleum product prices but urged authorities to further cut the petroleum levy to provide additional relief to the public. Speaking during a National Assembly session on budget recommendations, Dogar praised the government’s move to lower fuel prices, saying it was a positive […]
Pakistan budget 2026
Budget FY2026-27 sees Senate input
The Senate has approved a set of recommendations for the federal budget FY2026-27, calling for relief measures for low-income groups. The proposals include raising the income tax exemption threshold and reducing electricity tariffs. The recommendations aim to ease inflationary pressure on households. The proposals were presented by the Senate Standing Committee on Finance and Revenue. […]
Bilawal, PM Shehbaz in key power meeting
Pakistan Peoples Party Chairman Bilawal Bhutto Zardari met Prime Minister Shehbaz Sharif at the Prime Minister’s House in Islamabad to discuss key political and economic issues. The meeting focused on the federal budget, regional developments, and diplomatic matters, reflecting ongoing coordination between coalition partners. During the meeting, both leaders exchanged views on the federal budget […]
Tarar defends budget, claims Rs800b recovery
Information Minister Attaullah Tarar defended the federal budget in the National Assembly on Sunday, claiming enforcement measures generated Rs800 billion in revenue recovery. He described the budget as a relief-oriented package aimed at economic stability and growth. The debate also saw strong opposition criticism over tax targets and rising inflation. Tarar said the budget had […]
Govt proposes higher petroleum levy targets
The government has proposed a significant increase in petroleum levy targets for the upcoming fiscal year. The proposal was presented by Finance Minister Muhammad Aurangzeb during the National Assembly budget session. The move is part of broader efforts to boost non-tax revenue. It reflects a shift toward higher indirect revenue collection. According to budget details, […]
Govt proposes 7pc raise in salaries and pensions, budget tabled
The federal government has presented a Rs18,771 billion budget for the upcoming fiscal year in the National Assembly. Finance Minister Muhammad Aurangzeb tabled the budget, highlighting economic reforms, development priorities, and tax adjustments. The budget also includes relief measures for salaried individuals and pensioners. It is the government’s third budget and outlines key fiscal targets. […]
Govt imposes tax on imported vehicles
The government has announced a new Federal Excise Duty on imported vehicles as part of the budget for FY27-2026. The decision was revealed by Finance Minister Muhammad Aurangzeb during his budget speech in the National Assembly. The move targets higher-end imported vehicles, including luxury SUVs and electric cars. It is aimed at restructuring the auto […]
Govt cuts property tax for filers
The government has reduced withholding tax rates on property transactions for filers as part of the federal budget. The move is aimed at providing relief to the real estate sector. The announcement was made during the budget presentation in the National Assembly. It comes alongside broader fiscal adjustments introduced by the government. According to budget […]
Tax relief announced for salaried workers
The federal government has announced tax relief for the salaried class by reducing rates across four income slabs. The decision was revealed by Finance Minister Muhammad Aurangzeb during the federal budget presentation in the National Assembly. The move aims to ease financial pressure on salaried individuals. It comes as part of broader fiscal measures in […]
Aurangzeb presents Rs18.7 trillion federal budget
Finance Minister Muhammad Aurangzeb has presented a federal budget worth over Rs18 trillion in the National Assembly. The budget outlines major spending priorities including defence, debt servicing, and development. The announcement came during a heated budget session in Islamabad. The proposals are expected to shape Pakistan’s economic direction for the coming fiscal year. The finance […]