Islamabad, February 25, 2026 — The government is considering tax incentives and relaxations for industries in the upcoming federal budget 2026-27, Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, announced on Wednesday. The move aims to make the budget business-friendly and support sustainable economic growth.
Speaking during a meeting with Minister for Defence Khawaja Muhammad Asif, Haroon Akhtar highlighted the government’s focus on export promotion, industrial growth, and overall economic development. The meeting was also attended by a delegation from the Sialkot Chamber of Commerce and Industry, which presented its proposals and recommendations for consideration in the forthcoming budget.
Haroon Akhtar stated that proposals related to tax relaxations and incentives are under review and assured that practical, growth-oriented measures will be incorporated to facilitate the business community. He emphasized that economic development remains a top priority of the government, with all ministries working to enhance exports and strengthen Pakistan’s national economy.
He further noted that Pakistan’s first-ever National Industrial Policy has been prepared to provide a comprehensive framework for sustainable industrial growth, alongside regulatory reforms designed to improve investor confidence and ease of doing business.
Minister Khawaja Muhammad Asif underscored the importance of industrial development, stating that a strong economy cannot be achieved without facilitating the business community.
The SAPM assured that feedback from traders and industrialists will be incorporated into the budget-making process to ensure inclusive, effective, and growth-oriented economic planning that supports long-term prosperity for Pakistan.
This proactive approach signals the government’s commitment to stimulating industrial investment, boosting exports, and fostering a business-friendly environment in the upcoming fiscal year.