Finance Act, 2026: Govt withdraws proposed law for OMCs
Government drops Finance Bill proposals on petroleum levy enforcement, recovery mechanism and mandatory reporting for oil companies
Continue ReadingPakistan Revenue
Government drops Finance Bill proposals on petroleum levy enforcement, recovery mechanism and mandatory reporting for oil companies
Continue ReadingPrivate vehicles up to 1,000cc to pay Rs20,000 lifetime token tax, while larger vehicles face annual levy based on invoice value from July 1, 2026.
Continue ReadingLower State Bank profits expected to cut federal non-tax revenue by nearly Rs1 trillion in the upcoming fiscal year
Continue ReadingKP government announces salary hike, major welfare spending and Rs524 billion development programme in FY2026–27 budget Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Friday presented a Rs2.170 trillion provincial budget for fiscal year 2026–27, outlining major allocations for development projects, social welfare, healthcare, education and law and order, alongside a projected deficit of Rs48 billion.
Continue ReadingProvincial budget of Rs3.56 trillion focuses on relief, development spending and no new taxes KARACHI, June 17 — Sindh Chief Minister Syed Murad Ali Shah on Wednesday presented a Rs3.562 trillion provincial budget for fiscal year 2026-27, announcing a 7% increase in salaries and pensions for government employees while refraining from imposing any new taxes.
Continue ReadingEducation remains key priority in Rs3.56 trillion provincial budget KARACHI, June 17, 2026 — The Sindh government has allocated Rs25,860.679 million for the education sector under the Annual Development Programme (ADP) 2026-27, accounting for around 6.8% of the total development outlay, according to budget documents presented on Wednesday.
Continue ReadingProvince prioritises security spending in Rs3.56 trillion fiscal plan KARACHI, June 17, 2026 — The Sindh government has allocated Rs216.537 billion for law and order, jails and policing in its budget for fiscal year 2026-27, underscoring a continued focus on public safety and governance.
Continue ReadingMajor funding package targets infrastructure, water, sanitation and education projects KARACHI, June 17, 2026 — Sindh Chief Minister Syed Murad Ali Shah on Wednesday announced an allocation of more than Rs100 billion for Karachi’s development as part of the provincial budget for fiscal year 2026-27, focusing on infrastructure, transport, sanitation, water supply and education projects.
Continue ReadingProvincial budget includes salary and pension hikes with no new taxes KARACHI, June 17, 2026 — Sindh Chief Minister Syed Murad Ali Shah on Wednesday announced an increase in the minimum monthly wage to Rs43,000 while presenting the province’s Rs3.562 trillion budget for fiscal year 2026-27, providing relief to low-income workers amid rising living costs.
Continue ReadingRs750 billion development programme highlights focus on infrastructure and public welfare KARACHI, June 17, 2026 — Sindh Chief Minister Syed Murad Ali Shah on Wednesday unveiled a Rs3.562 trillion budget for fiscal year 2026-27, proposing a 7% increase in salaries and pensions for government employees while refraining from imposing any new taxes.
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