Pakistan Budget for FY 2026-27

Fundamentals are still missing from this budget. like the dozen so budgets in the past, there is little to no concrete and long missing friends. these include stuff like;
... Huge tax on energy drinks and sweetend beverages.. we are the highest or top 3 countries with diabetes
... Taxing the doctors hospitals and clinics based upon the fee charged and set standards or levels
.. Healthcare facilities can not be a welfare organization unless they meet stringent criteria.. You wud be surprised that hameed latif hospital and Dr's hospital get tax relief as they are trust and welfare hospitals.
... Rationalising medicine prices per their submission documents and current practice. e.g. API details and source from submitted documents vs in actual, to be checked via import data.
... Preventing pharmaceutical companies from arranging "educational sessions" in tourist/Northern areas and abroad
... Medical drs can not travel abroad more than twice when sponsored by a pharmaceutical company. All such travels to be communicated to PMDC. You would be surprised as how this plays out and how drs over prescribe because they have a target to achieve.
... Creating two or three slabs amongst hotels, eateries, and cafes.
... Linking cars, school/college/university fee, international travel, number of properties, minor under 18 travelling abroad and having a property in their names, hotel stay, and similar data to tax profile of individuals
... A Higher tax slab on the 5th or more property bought under an ID card
... All property above 2 Kanals or 1100 square. yards should be taxed way higher
... Luxury items, clothes, imported groceries imported tiles, imported appliances, etc to be taxed extremely high
... Limiting or linking school, college and university fee per area, size, facilities etc.

we have to force people away grom real estate and towards investing in savings, industries, startups and rest. Make health and education cheaper and luxury as expensive as possible. This has never been done and wud probably never happen.
 

Govt unveils Rs18.8tr budget for FY2026-27; GDP growth targeted at 4pc

Average inflation expected to be 8.2pc; finance minister says large chunk of budgeted expenditures to be allocated for markup payments.

News Desk Syed Irfan Raza
June 12, 2026

Finance Minister Muhammad Aurangzeb presented the FY2026-27 budget in the National Assembly (NA) on Friday, during a session that began two hours late and was marred by loud protests from the opposition.

Aurangzeb prefaced the numbers with a note of thanks to leaders of the coalition parties supporting the federal government, as well as a rumination on Pakistan’s improved standing in the world, which he described as a culmination of events that started from last year’s Operation Bunyan-um-Marsoos and which peaked with Pakistan brokering a ceasefire between Iran and the US amidst a dangerous regional escalation.
 
... The minister said FBR revenue collection increased by more than 10pc this year, adding that the revenue agency recovered Rs60bn in additional revenue from the cement and sugar sectors through digitisation and another Rs34bn through artificial intelligence-based audits of 800 high-risk cases. This would be expanded to other sectors in the next budget. ...
Wow. AI is really doing small wonders for Pakistan whichever sector the Government is deploying in.
 
Financial YearPresentedBudget (PKR)Budget ($)SourceEx Rate $/PKR
2022-2023Friday 10/06/2022Rs 9.502 trillion$46.98 billionDawn News202.251706
2023-2024Friday 09/06/2023Rs 14.46 trillion$50.39 billionDawn News286.9495
2024-2025Wednesday 12/06/2024Rs 18.877 trillion$67.76 billionDawn News278.608244
2025-2026Tuesday 10/06/2025Rs 17.753 trillion$62.92 billionDawn News282.164781
2026-2027 Friday 12/06/2026Rs 18.8 trillion$67.57 billionDawn News278.218786
 

Govt to broaden tax net through compliance, not new taxes: Aurangzeb​

Says plugging tax leakages will help boost revenues without imposing additional taxes

Web Desk
June 13, 2026

pakistan finance minister muhammad aurangzeb photo reuters file


Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters

Finance Minister Muhammad Aurangzeb on Friday said the government had not imposed any new taxes in the federal budget for FY2026-27 and would instead focus on broadening and deepening the tax net through improved compliance and enforcement measures.

Earlier, the finance minister unveiled the Rs18.8 trillion budget for FY2026-27, announcing total federal expenditure of Rs18,771 billion and setting an economic growth target of 4pc, while describing the budget as anchored in “stabilisation, reform and growth”.

Speaking on a private television programme, Aaj Shahzeb Khanzada Kay Sath, Aurangzeb said the government's strategy was aimed at curbing tax evasion, leakages, corruption and collusion, particularly in the sales tax regime.
 

Budget 2026-27: FinMin projects 4% growth as govt unveils fiscal, tax and reform agenda​


Aurangzeb says inflation projected at 8.2%, budget deficit at 3.6% of GDP & primary surplus at 2% of GDP for FY26-27

Usman Hanif/ghazanfar Ali/Shazia Tasneem Farooqi
June 12, 2026

finance minister muhammad aurangzeb presents budget 2026 27 in the national assembly on friday national assembly x


Finance Minister Muhammad Aurangzeb presents Budget 2026-27 in the National Assembly on Friday. — NATIONAL ASSEMBLY X

KARACHI: Finance Minister Muhammad Aurangzeb, while presenting the federal budget for fiscal year 2026–27 in the National Assembly on Friday, announced total federal expenditure of Rs18,771 billion and set an economic growth target of 4%, describing the budget as anchored in “stabilisation, reform and growth”.

Aurangzeb said Pakistan’s economy grew by 3.7% in FY2025–26 despite floods and regional tensions, reaching a size of $452 billion. He said per capita income had increased to $1,901, while large-scale manufacturing posted its strongest growth in four years.

He said current expenditure stood at Rs17.4 trillion, including Rs8,054 billion for mark-up payments and Rs2,680 billion in grants. He added that foreign exchange reserves had risen from below $4 billion three years ago to more than $17 billion, sufficient to cover nearly three months of imports.

 

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