The federal government has officially issued the Gazette notification for the Finance Act 2026–27, completing the legal process required to implement Pakistan’s new federal budget and bringing all fiscal measures into force from July 1. According to official details, the publication of the Gazette gives legal effect to the Finance Act, enabling the government to […]
tax measures
National Assembly approves Budget 2026-27
Islamabad: The National Assembly has approved the federal budget for the fiscal year 2026-27 after deliberations during a session chaired by Speaker Sardar Ayaz Sadiq. Lawmakers endorsed the budget proposals and passed the Finance Bill, paving the way for the implementation of various tax and fiscal measures from July 1. Following the approval of the […]
Freelancers warn govt: Tax plan threatens $1B+ in foreign earnings
Pakistan’s freelancers and digital content creators are strongly opposing proposed tax measures in the upcoming federal budget. They believe such policies will hurt the fast-growing digital economy. Experts argue the focus should be on boosting foreign exchange earnings, not taxing struggling freelancers. They are urging the government to support digital workers who bring in millions […]