Hopes collective struggle of “team Pakistan” will place the country among the “developed world”; Info minister calls budget "positive and relief-oriented".
PSDP utilisation from July 2025 to May 2026 stands at Rs529.8bn, against Rs1.01tr allocation; govt cuts development outlay by Rs173bn to finance fuel subsidies after Mideast conflict pushed up oil prices.
Proposes increase in Abiana, token tax, agri income tax, abolition of cotton fee; various fine amounts, service charges hiked, electronic payment of property tax made mandatory.
For the equity market, the budget is positive as it avoids surprise tax measures and provides targeted support through lower taxes, reduced transaction costs, and duties.