ISLAMABAD: Pakistan has formally empowered the Tax Policy Office (TPO) to prepare tax proposals for the federal budget 2026-27 after amending the Rules of Business, 1973, in a move aimed at streamlining fiscal policymaking and strengthening institutional oversight.
(more…)Category: Budget 2026-27
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Pakistan eyes Rs350bn tax measures in 2026–27 budget under IMF plan
Islamabad, April 28, 2026 – Pakistan is preparing tax policy changes and sweeping removal of exemptions to raise around Rs350 billion ($1.26 billion) in additional revenue in the 2026–27 fiscal year, as part of commitments under its ongoing International Monetary Fund (IMF) programme, sources familiar with the matter said on Monday.
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FPCCI to offer tax reform roadmap to help FBR meet revenue targets
Karachi, April 24, 2026 – The Federation of Pakistan Chambers of Commerce and Industry has announced plans to provide strategic guidelines to the Federal Board of Revenue to help achieve tax targets through sustainable and business-friendly measures.
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Budget 2026–27: Khurram Ijaz calls for bold steps to boost exports
Karachi, April 22, 2026 — Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former Vice President of Federation of Pakistan Chambers of Commerce and Industry, has called on policymakers to present a production-friendly federal budget for 2026–27, emphasizing the need to revive industrial growth and enhance exports.
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Foreign investors urge tax cuts, reforms in Pakistan budget 2026-27
KARACHI, April 19 — Foreign investors in Pakistan have called for sweeping tax reforms, including lower corporate tax rates and the phased elimination of additional levies, as part of proposals submitted for the federal budget 2026-27.
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Pakistan minister seeks proposals to cut GST on dairy sector to 10%
ISLAMABAD, April 13, 2026 – Pakistan’s Federal Minister for Commerce Jam Kamal Khan on Monday directed industry stakeholders to submit proposals for reducing the general sales tax (GST) on dairy products from 18% to 10%, in a move aimed at supporting the country’s struggling dairy sector.
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Punjab to offer tax relief for real estate in budget 2026-27, governor says
Punjab Governor Sardar Saleem Haider Khan said on Sunday that additional tax relief for the real estate sector is expected in the upcoming budget as part of broader efforts to revive economic activity and support industrial growth.
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Aurangzeb consults business leaders on budget 2026-27 priorities
ISLAMABAD, April 9 – Pakistan’s Finance Minister Muhammad Aurangzeb held a virtual meeting with leading business representatives on Thursday to discuss priorities for the federal budget 2026-27, as the government seeks to sustain economic recovery and strengthen growth prospects.
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SDPI warns of rising poverty, urges urgent tax reforms in budget 2026-27
Experts have warned that Pakistan could face a significant rise in poverty if urgent fiscal reforms are not introduced in the upcoming federal budget 2026-27. Speaking at a pre-budget policy dialogue organized by the Sustainable Development Policy Institute (SDPI), economists cautioned that up to 1.5 million additional people could fall below the poverty line under a worst-case scenario.
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ICMAP proposes vacant urban land tax in budget 2026-27
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of an annual vacant urban land tax in the upcoming Budget 2026-27, aiming to improve land utilization and boost government revenue.
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