Finance Bill 2026-27 seeks to bring limited liability partnerships under AOP framework and revise taxation of exempt income received by members.
(more…)Category: Budget 2026-27
This category provides latest stories related to budget 2026-27. Check updated articles on budget 2026-27 at Pakistan Revenue for information.
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Is Super Tax Abolished for Exporters for FY 2026-27?
Budget 2026-27 speech suggests relief for exporters, but the proposal is yet to be incorporated into the Finance Bill and awaits final approval through the Finance Act 2026.
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Senate committee recommends final tax regime for exporters
Senate finance panel calls for export-focused tax reforms to strengthen competitiveness and boost foreign exchange inflows
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Punjab Government Decides to Increase Salaries by 7 percent, Pensions by 3.5 percent
Rs5.9 trillion budget prioritises development, education and public welfare
LAHORE, June 16, 2026 — The Punjab government decides to increase salaries by 7 percent and pensions by 3.5 percent as part of its Rs5.903 trillion Budget 2026–27, unveiled on Tuesday with a strong focus on development spending, public welfare and economic stability.
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Punjab Unveils Rs5.9 Trillion Budget for FY2026-27, Boosts Development Spending
Education, health and infrastructure receive major allocations in pro-growth budget
LAHORE, June 16, 2026 — The Punjab government on Tuesday unveiled a Rs5.903 trillion budget for fiscal year 2026-27, increasing overall spending by 10.7 percent from the previous year and allocating higher funds for development, education, healthcare and public welfare programmes.
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Pakistan Proposes Customs Duty Exemption on Bulletproof Vehicle Imports
Budget 2026-27 introduces customs duty relief for bulletproof vehicles imported for SCO Summit and counterterrorism operations.
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Government Proposes Federal Excise Duty on High Value Imported Electric Vehicles
New budget measures target luxury EV imports with up to 40% excise duty to enhance revenue collection and regulate high-value vehicle imports.
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Luxury Cars to Get More Expensive as Government Proposes Special Excise Duty
Federal Budget 2026-27 introduces higher taxes on imported luxury vehicles with engine capacities above 2000cc.
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NA committee seeks explanation on new salary tax slabs
Lawmakers question effectiveness of proposed tax relief for salaried individuals and seek fiscal impact assessments
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Senate body approves withholding tax on social media income
Income up to Rs600,000 to remain exempt as Senate finance committee backs taxation framework for digital creators
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