Pakistan Government to Act on IMF Governance Report as FBR Records Historic Tax Revenue
Federal Minister for Finance Muhammad Aurangzeb announced that the Pakistani government is set to finalise an action plan by 31…
Pakistan Records Rare Rs1.5 Trillion Fiscal Surplus Despite Flood and Border Challenges
The government of Pakistan achieved a rare Rs1.5 trillion fiscal surplus in the first quarter of FY2026 despite facing flood-related damages, border closures, and inflationary pressures. The Finance Ministry credits strong non-tax revenues, improved fiscal discipline, and stable macroeconomic management for the performance.
Pakistan Achieves Fiscal Surplus through Strong Revenue Growth and Controlled Spending in FY2026
Pakistan’s fiscal indicators show significant improvement in FY2026, with a sharp rise in federal revenues, record non-tax collections, and disciplined expenditure management leading to a historic fiscal surplus.
Income Tax Collection from Salaried Class Rises 21% to Rs85 Billion in Early FY26
Pakistan’s salaried individuals contributed Rs85 billion in income tax during the first two months of FY26, a 21% increase from last year. Provisional FBR data shows stronger collections from corporate and non-corporate employees, though new levies on wealthy pensioners brought in limited revenue.
Fiscal Consolidation Strengthens Pakistan’s Economic Outlook with Lowest Deficit in Eight Years
Pakistan’s fiscal deficit narrowed to 5.4% of GDP in FY2025, the lowest in eight years, as strong revenue growth and controlled expenditures supported consolidation efforts. A record primary surplus and improved tax collection highlight progress in fiscal discipline.
FBR Hits Rs. 748 Billion Tax Collection Target in July 2025, Kickstarting FY26 on Strong Note
FBR achieves its Rs. 748 billion tax collection target for July 2025, driven by structural reforms, new budget measures, and improved enforcement, setting the tone for FY26’s ambitious revenue goals.