IMF pushes Pakistan to withdraw more tax concessions in upcoming budget: sources
- 02-Jun-2026
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are continuing negotiations on the upcoming federal budget, with the IMF reportedly asking the government to further reduce tax exemptions and concessions to boost revenue collection, ARY News reported citing sources. According to sources, the government expects to generate around Rs40 billion in additional revenue in the next […]
Finance ministry allocates Rs1.126 trillion for PSDP 2026-27
- 01-Jun-2026
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday said the Ministry of Finance has allocated Rs1.126 trillion for the Public Sector Development Programme (PSDP) for the fiscal year 2026-27. Addressing the Annual Plan Coordination Committee (APCC) meeting on the upcoming budget, the minister said the allocation falls significantly short of […]
Govt plans major property tax cuts in upcoming budget
- 01-Jun-2026
ISLAMABAD: The federal government is considering reducing transaction taxes on the real estate sector in the upcoming budget to stimulate property market activity and enhance overall tax revenue. Sources said significant relief is expected for the real estate sector as part of the government’s efforts to promote real estate and construction activities, which are closely […]
Pakistan, IMF 'agree' key budget targets for FY2026-27
- 31-May-2026
Pakistan and the International Monetary Fund (IMF) have reportedly concluded negotiations on the federal budget, with both sides reaching an understanding on major fiscal targets and policy measures for the upcoming financial year. According to sources, the federal budget for FY2026-27 is expected to be close to Rs18 trillion. While discussions on most budgetary matters […]
Solar panels set to become more expensive in budget 2026-27
- 30-May-2026
Setting up solar power systems is about to become considerably more expensive for consumers in Pakistan, as the government considers a substantial tax hike on solar panels in the upcoming federal budget for the fiscal year 2026–27
Major relief expected for govt employees in Budget 2026-27
- 29-May-2026
ISLAMABAD: The Ministry of Finance is reportedly preparing a range of proposals related to salary and pension adjustments for government employees in the upcoming fiscal year 2026-27 budget, ARY News reported, citing sources. According to sources, the proposals include tax relief for salaried individuals earning between Rs 1.2 million and Rs 2.2 million annually, aimed […]
Govt considers Rs72bn tax on OMCs’ extraordinary profits during regional conflict
- 26-May-2026
ISLAMABAD: The government is considering imposing a windfall gain tax on oil marketing companies (OMCs) in the upcoming FY2026-27 budget to recover an estimated Rs72 billion earned as extraordinary profits during the recent Middle East conflict, sources said. According to sources in the Ministry of Finance, OMCs reportedly made profits of around Rs130 billion on […]
Foreign funding to Pakistan rises 83% YoY basis, official data shows
- 24-May-2026
Pakistan has recorded a significant increase in foreign funding during the current financial year, with official data showing a sharp rise in external inflows compared with the previous year. According to the Ministry of Economic Affairs, the country secured $11 billion in external loans between July and April, marking an increase of around 83% compared […]
Pakistan weighs ‘Easy tax Scheme’ for traders
- 23-May-2026
ISLAMABAD: The Minister of State for Finance of Pakistan, Bilal Azhar Kayani, has assured traders that the government will consider introducing an ‘Easy Tax Scheme’ in budget 2026-27. A meeting was held between Bilal Azhar Kayani and a delegation from the Markazi Tanzeem Tajran Pakistan, led by its president Kashif Chaudhry in which discussions focused […]
IMF seeks higher taxes on solar panels, EVs in FY2027 budget
- 21-May-2026
ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to increase taxes on solar panels and electric vehicles (EVs) in the upcoming FY2027 budget as part of broader revenue-generation measures being discussed with the government. According to the Finance Ministry sources, the IMF mission concluded budget talks with Pakistani authorities and returned to Washington after […]