Federal Government Evaluates Export Taxes to Introduce One Hundred Billion Rupees in Industrial Fiscal Relief
The government is reviewing current export taxes with plans to introduce a significant one hundred billion rupee fiscal relief package to support local industries.
Pakistan and IMF Conclude Financial Review Mandating Additional Revenue Mobilization for Upcoming Fiscal Budget
The International Monetary Fund has concluded its institutional visit to Islamabad, outlining necessary revenue adjustments and expenditure discipline to preserve macroeconomic stability.
Petroleum Division Opposes Higher Fuel Taxes Amid Surging Global Energy Prices
The Petroleum Division has formally opposed any hikes in the petroleum levy for the upcoming fiscal year, urging a reduction in tax rates to shield consumers from high global oil prices.
State Budget Talks Hit Roadblock as Global Lender Rejects Tax Relief Projections
High-stakes financial discussions between state negotiators and the International Monetary Fund conclude without an agreement on proposed income tax relief and revenue targets.
Prime Minister Establishes Special Structural Committees to Overhaul and Finalize Federal Budget
The federal administration forms specialized panels under Deputy Prime Minister Ishaq Dar and Ahad Cheema to steer tax policy and enforcement strategies for the IMF program.
Federal Fiscal Review Clarifies Main Drivers Behind Increased Civil Government Operational Expenditure
Pakistan Civil Government spending rises 12.5 percent to Rs629 billion over nine months, with data showing healthcare and employee compensation as primary drivers.
Federal Budget Review Committee Assembles to Formulate Fiscal Measures for IMF Commitments
A high level budget review committee led by Foreign Minister Ishaq Dar convenes to design fiscal measures and taxes to align with upcoming IMF targets.
Pakistan Expands Treasury Single Account to 287 Entities in Major Public Finance Overhaul
The Ministry of Finance issues a landmark notification extending the Treasury Single Account to 221 current and 66 new entities to centralize federal cash management.
Ministry of Finance Orders Immediate Surrender of Unspent Funds to Finalize FY2025-26 Revised Estimates
The Finance Division mandates all federal departments to report savings by May 10 as part of a fiscal cleanup to prepare the upcoming budget and reallocate PSDP funds.
Government Transfer National Savings Operations to Debt Management Office for Improved Efficiency
The Finance Division officially shifts CDNS from the Budget Wing to the Debt Management Office to streamline government debt management and public saving schemes.