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Pakistan Allocates Rs. 3 Trillion for Defense Budget in FY2026-27
The federal government has allocated approximately Rs. 3 trillion for defense affairs and services in the Federal Budget 2026-27, reflecting its focus on national security,…
FBR Sets Record Rs. 15.26 Trillion Tax Collection Target for FY2026-27
The Federal Board of Revenue (FBR) has been assigned an ambitious tax collection target of Rs. 15.264 trillion for the fiscal year 2026-27, making it…
Budget 2026-27: Cabinet Approves Salary, Pension Hike for Govt Employees
The federal cabinet has approved a seven percent increase in salaries and a seven percent increase in pensions for all government employees in the upcoming…
Pakistan May End Tax Exemptions for EVs, Bikes and Rickshaws in Budget 2026-27
The federal government is considering withdrawing sales tax exemptions on electric vehicles (EVs), electric motorcycles, and electric rickshaws as part of the upcoming Federal Budget…
Federal Govt Tables Rs17,500 Billion Budget for FY2026-27
The federal government has unveiled its largest-ever federal budget, totalling approximately Rs 17,500,000 million, for the upcoming fiscal year 2026-27. Federal Minister for Finance and…
Tax Expenditure Drops Rs81.92 Billion to Rs2,352 Billion in FY 2026
Economic Survey 2025-26 shows total tax exemptions cost the government Rs2,352.81 billion in fiscal year 2025-26, down from the revised Rs2,434.73 billion recorded in 2024-25.…
Finance Bill 2026 Proposes Major FBR Overhaul to Narrow Pakistan’s Tax Gap
The federal government is considering significant reforms to Pakistan’s tax administration under the upcoming Finance Bill 2026-27, with plans to restructure the Federal Board of…
FBR Plans Strict Penalties for Businesses Avoiding POS Integration
The federal government is preparing to introduce strict penalties against businesses that fail to connect with the Point of Sale (POS) system or refuse digital…
Budget 2026-27: Govt Plans Carbon Levy on Large Cars, Major Tax Incentives for EVs
The federal government is considering imposing a carbon levy of up to 19.5 percent on vehicles above 2,000cc as part of Budget 2026-27, while simultaneously…
Pakistan to Release Economic Survey 2025-26 Tomorrow Ahead of Federal Budget
The federal government will release the Economic Survey of Pakistan 2025-26 on Thursday, providing a comprehensive review of the country’s economic performance ahead of the…
KP Ready to Transfer Rs. 180 Billion to Centre to Support Budget 2026-27 Targets
The Khyber Pakhtunkhwa government is expected to contribute Rs. 180 billion to the federal government as part of a broader provincial effort to help Islamabad…
NEC Approves Federal and Provincial Development Budgets for FY2026-27
The National Economic Council (NEC), chaired by Prime Minister Shehbaz Sharif, has approved the Public Sector Development Programme (PSDP) and provincial development budgets for the…
