Govt Allocates Rs30 Billion For Interest On PIA’s Rs268.5 Billion Legacy Debt As Privatisation Costs Mount
The federal government has earmarked Rs30 billion in FY2026-27 to cover interest on PIA’s Rs268.5 billion legacy debt, as part of a broader Rs73 billion privatisation contingency provision.
Khurram Schehzad Says Diesel Levy Increase Reflects Phased Return to Budgeted Level
Finance Minister’s Advisor Khurram Schehzad said the recent diesel petroleum levy increase is part of a phased normalization process after a temporary reduction, with the government seeking to meet approved revenue targets while maintaining fiscal stability.
Escalating Sovereign Debt: Government Bank Borrowing Surges to Rs 5.9 Trillion in FY26
State Bank of Pakistan data reveals net government borrowing reached Rs 5.9 trillion in FY26, escalating domestic debt servicing costs to Rs 8 trillion for FY27.
Government of Pakistan Optimizes Public Finance with Historic Early Debt Retirement Program
The government of Pakistan executes its largest proactive liability management operation, retiring over 4.7 trillion rupees in public debt before maturity.
Finance Bill 2026-27 Revises Advance Tax on Property Transactions and Raises Corporate Banking Levies
The federal government implements a restructured tax framework under the new finance bill lowering property transaction taxes while introducing higher slabs for banks and corporate entities.
National Assembly Approves Rs 4.4 Trillion for 125 Demands for Grants
The National Assembly greenlights significant budgetary demands including major allocations for defence, energy, and finance as Pakistan prepares to finalise its 18.77 trillion rupee federal budget.
National Assembly Approves 4.282 Trillion Rupee Budgetary Allocations After Overriding Opposition Motions
The National Assembly has cleared twelve key demands for grants worth over four trillion rupees for fiscal year 2027 while dismissing opposition objections.
Finance Minister Muhammad Aurangzeb Announces Long Term Strategy To Phase Out Corporate Super Tax
Finance Minister Muhammad Aurangzeb confirms state intentions to abolish the controversial super tax as the Federal Board of Revenue evaluates the fiscal impact.
Federal Board of Revenue Clarifies Solar Panel Tax Exemption and Introduces Digital Media Income Levies
The apex tax authority outlines a massive revenue collection target driven by automated compliance, digital platform taxes, and retail net expansion.
Government Introduces Fixed Tax Initiative for Small Shopkeepers to Broaden Revenue Framework
The newly launched retail taxation scheme offers a simplified compliance pathway for micro-retailers while enforcing penalties for non-participation.