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Pakistan's 2026-27 budget cuts income tax rates for salaried earners between Rs2.2 million and Rs7 million, abolishes super tax for incomes under Rs500 million, slashes business-class travel excise duty, and reduces customs duties on 92 tariff lines.
Finance Minister Muhammad Aurangzeb presented Pakistan's Rs18.8 trillion federal budget for FY2026-27 in the National Assembly, targeting 4 percent GDP growth and cutting income taxes across four salary slabs.
The IMF Executive Board approved Pakistan's latest programme review, releasing $1.2 billion split between the Extended Fund Facility and the Resilience and Sustainability Facility. Total programme disbursements now reach $4.5 billion, with an IMF mission due in Islamabad on May 15 to review the next federal budget.
Tag
Pakistan's 2026-27 budget cuts income tax rates for salaried earners between Rs2.2 million and Rs7 million, abolishes super tax for incomes under Rs500 million, slashes business-class travel excise duty, and reduces customs duties on 92 tariff lines.
1mo ago · 5 min · Policy & Government
Finance Minister Muhammad Aurangzeb presented Pakistan's Rs18.8 trillion federal budget for FY2026-27 in the National Assembly, targeting 4 percent GDP growth and cutting income taxes across four salary slabs.
1mo ago · 5 min · Policy & Government
The IMF Executive Board approved Pakistan's latest programme review, releasing $1.2 billion split between the Extended Fund Facility and the Resilience and Sustainability Facility. Total programme disbursements now reach $4.5 billion, with an IMF mission due in Islamabad on May 15 to review the next federal budget.
3mo ago · 2 min · Global Affairs
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