Pakistan Budget Deficit Hits 856 Billion Rupees Despite Strong Tax Collection and Provincial Surplus
Pakistan reports a federal budget deficit of 856 billion rupees for the first nine months of FY26 as high debt servicing and defense spending offset record tax revenues.
IMF Signals Tax Expansion Strategy in Pakistan Budget 2026-27 Under $7 Billion Program
IMF outlines Pakistan’s FY27 budget priorities focusing on tax base expansion, fiscal discipline, and economic stability under the $7 billion loan program.
Pakistan Achieves Remarkable Fiscal Consolidation with Deficit Dropping to 0.1 Percent of GDP
Pakistan’s fiscal deficit narrowed significantly to 0.1 percent of GDP during Jul-Feb FY2026, supported by a 10.1 percent surge in net federal revenue and reduced markups.
Pakistan Salaried Class Income Tax Rises 10% to Rs315 Billion in FY26 Amid Skilled Workforce Exodus
Income tax contributions from Pakistan’s salaried class surge 10% to Rs315 billion in seven months of FY26, with non-corporate and corporate employees leading payments, while skilled professionals continue leaving the country.
FBR Records Highest-Ever December Tax Collection as Finance Minister Calls for Wider Tax Net
Finance Minister Muhammad Aurangzeb has urged the FBR to intensify tax enforcement and broaden the tax base after Pakistan recorded its highest-ever December tax collection, reflecting progress in fiscal reforms and compliance measures.
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 Posts Fiscal Surplus in FY2026 Amid Higher Revenues and Lower Expenditure
Pakistan records a fiscal surplus of 1.0 percent of GDP during Jul-Oct FY2026, supported by higher federal receipts, controlled expenditure, and strong FBR tax collection.
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.