Finance Minister Muhammad Aurangzeb has said Pakistan’s economy is transitioning from a phase of stabilisation to growth, highlighting a series of fiscal, export and tax measures announced in the federal budget for 2026-27. Speaking at a post-budget press conference in Islamabad, Aurangzeb said the government had utilized available fiscal space to support economic expansion while […]
Tax relief
Major tax relief expected for salaried class in budget
The government is considering a tax relief package worth up to Rs50 billion for salaried individuals in the upcoming federal budget, aiming to ease financial pressure on employees across various income groups. Policymakers are reviewing several proposals that include lower tax rates, revised income thresholds, and a broader tax structure designed to provide greater relief […]
Tax relief proposals await IMF approval before FY27 budget
The federal government is awaiting approval from the International Monetary Fund (IMF) for a package of tax relief measures ahead of the 2026-27 budget, while simultaneously negotiating new revenue-generating proposals to meet ambitious tax collection targets. Read More: Budget 2026 sees tax reform proposals According to officials, the proposed relief package includes reductions in income tax slabs for […]
Govt considers tax relief for salons, gyms in Budget 2026-27
The federal government is considering major tax relief measures for beauty salons, skincare clinics, and health clubs in the upcoming Budget 2026–27, according to official sources. Read More: FPCCI proposes tax relief for salaried class in budget 2026-27 Officials say the proposed reforms aim to reduce the financial burden on service-based businesses that rely heavily on imported raw […]
FPCCI proposes tax relief for salaried class
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed tax relief measures for salaried individuals in its budget recommendations for fiscal year 2026-27, urging the government to reduce the income tax burden on fixed-income earners. Read More: Govt to leverage expertise for development: Haroon Akhtar According to the proposals submitted to the […]
Leather industry pushes tax cuts for export competitiveness boost
Pakistan leather sector has urged the government to reduce taxes, simplify compliance procedures and introduce duty relief on raw materials in the upcoming FY2026–27 budget to strengthen export performance and improve global competitiveness. Industry representatives made these demands during a meeting with Commerce Minister Jam Kamal Khan in Islamabad. During discussions, stakeholders highlighted that Pakistan’s […]
Pakistan seeks IMF approval for proposed tax relief package
Pakistan’s high taxation policies are increasingly seen as a barrier to investment and economic growth, prompting the government to propose a Rs975 billion tax-relief package under IMF oversight. Officials and business leaders hope that the Fund will allow fiscal flexibility to help the country unlock its productive capacity and stimulate job creation. Read More: Pakistan […]
Pakistan Pushes for Tax Relief to Boost Growth
Pakistan is seeking major tax relief as high taxes continue to hurt investment and slow economic growth. Officials argue that strict IMF rules restrict policy changes and block recovery. They say growth cannot return unless tax pressure eases. Business leaders also warn that excessive taxes punish compliant sectors while large areas stay untaxed. This growing […]
Asad Qaiser demands tax relief for FATA until stability returns
Senior PTI leader Asad Qaiser has demanded that the government stop imposing taxes on the former FATA region until peace is restored. Speaking to media at the Parliament House, he said the area has not yet seen development or stability, so citizens should not be burdened with taxes. Qaiser argued that there is no justification […]
IMF rejection halts Pakistan’s $6 billion refinery upgrade plans
Pakistan’s plans to upgrade its oil refineries hit a roadblock after the IMF rejected key government proposals linked to tax relief. The proposals were designed to support $6 billion in investment aimed at producing cleaner, Euro-V standard fuels. This decision has stalled the upgrade projects, according to officials from the Petroleum Division. The government had […]