Federal Budget 2026-27-In focus
Govt announces 5% withholding tax on social media influencers
The federal government has announced a 5% withholding tax (WHT) on social media influencers. In the federal budget for the fiscal year 2026-27, those who earn through social media platforms
Govt announces major housing push: 150,000 eco-friendly units planned
Federal Finance Minister Muhammad Aurangzeb has announced that Rs 54.6 billion has been allocated for sustainable urban development and the housing sector in the federal budget. While presenting the budget
Budget 2026-207: Govt extends IT and freelancers tax relief till 2029
The government has proposed continuing tax relief for freelancers and IT exporters in the new budget, a move expected to further strengthen Pakistan’s digital economy. In his budget speech in
Higher education gets Rs 46bn boost under Federal Development Programme
Finance Minister Muhammad Aurangzeb, while presenting the budget speech on Friday, said that higher education and research are the backbone of Pakistan’s economic and social development. He announced that under
Budget 2026-2027: Govt proposes abolishing Capital Value Tax on foreign assets
The government has proposed abolishing the Capital Value Tax (CVT) imposed on foreign assets in the Finance Bill. According to budget documents, the tax on foreign assets had not been
Fixed tax system proposed for small shopkeepers
Finance Minister Muhammad Aurangzeb has said that a proposal is under consideration to introduce a fixed tax system for small shopkeepers. During his budget speech, he stated that under the
Big relief: Govt to decrease tax on international transactions through debit, credit cards
In the new budget of 2026-2027, the government has reduced the tax on international transactions made through debit and credit cards from 5% to 0.5%. The government has also abolished
Finance Minister announces major relief for cancer patients in federal budget
Finance Minister Muhammad Aurangzeb has unveiled a significant relief measure for cancer patients in the federal budget, proposing the complete removal of customs duty on raw materials used in the
Tax on sanitary pads, women’s health products abolished
During the budget 2026-27 session today, the finance minister revealed that the government has announced the complete removal of taxes on key women’s health and hygiene products. As part of
Budget proposes major cut in withholding tax on property transfers
The National Assembly resumed its session at the parliament house in Islamabad on Friday with Speaker Sardar Ayaz Sadiq in the chair. Finance Minister Muhammad Aurangzeb, during the budget speech,