Budget 2026 27

The budget session faced delays after lawmakers of the MQM-P boycotted proceedings.

Hopes collective struggle of “team Pakistan” will place the country among the “developed world”; Info minister calls budget "positive and relief-oriented".

Panel seeks zero tax on stationery for educational purposes, arguing it raises household education costs.

Praises fiscal discipline, but sees FY27 tax revenue target challenging.

Province surrenders Rs749bn to national exchequer; social sector gets largest share at Rs333.66bn.

Panel seeks zero tax on stationery for educational purposes, arguing it raises household education costs.

Rs37bn cut in development budget; laptop scheme will continue.

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.

Stresses the importance of broadening the tax base, improving compliance, plugging revenue leakages, and leveraging technology to enhance transparency and efficiency in tax collection.

Minister says no additional tax burden placed on public; govt employees get 7pc salary raise; pensions increased by 3.5pc.

Party claims budget differs from figures shared during pre-budget consultations; questions provinces’ capacity to meet IMF-linked revenue targets.

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.

Punjab CM Maryam Nawaz claims govt made every effort to provide relief to citizens, minimise financial burden despite economic challenges.

Says Islamabad may use commercial borrowing in FY2027 to change its creditor profile without increasing overall external debt.

The budget makes it clear the government has continued with some of its bad habits.

Finance minister asks parliament to clear supplementary grants that dwarf last year’s Rs895bn.

Parliamentary leaders of allied parties converge to hold detailed consultations on the upcoming budget.

The proposed hike in salaries of Punjab government employees is expected to be in line with raise announced by the Centre; Balochistan Assembly to hold budget session tomorrow.

Govt signals gradual end to super tax; State minister says target of bringing 3.5m retailers into tax net in one year ‘unrealistic’.

Pakistan has been paying its credit card bill with a new credit card for 25 years. This budget is the first time in a generation we are actually paying it down—but we haven't cut up the card.

The country is confronting increasingly volatile weather patterns with consequences for agriculture, infrastructure, public health and economic planning.

The standout performer was LSM, which rebounded by 6.1pc after several subdued years, with 16 of 22 sub-sectors posting growth.

Steep tariffs on fibre and network equipment undermine the foundations of a truly digital economy.

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.

Without putting agriculture at the centre of economic planning, food security and growth will be harder to achieve.

The most consequential reform is the transformation of the tax administration to a technology-driven, data-led model.

Natural disasters threaten 1.5pc fiscal hit; tax exemptions, concessions risk a 1.3pc budget hole.

Describes it as "friendly and relief-oriented budget for all"; Sharmila Faruqi says “nothing significant” for youths.

If the FBR falters, the government will find itself in hot water sooner rather than later.

Of Rs22bn earmarked for health ministry, Rs1.3bn will be received from foreign assistance, according to budget documents.