Pakistan Budget 2026-27 Archives

Pakistan Budget 2026-27

National Assembly budget approval clears Rs27 trillion federal budget after lawmakers reject 587 opposition cut motions.

NA Approves Rs.27 Trillion Budget, Rejects Every Opposition Challenge

Faraz Ali Ansari2026-06-22

ISLAMABAD: Pakistan’s National Assembly passed the federal budget’s demand for grants in a single session on Monday, approving 135 spending allocations worth a combined Rs27 trillion for fiscal year 2026-27 while rejecting all 587 cut motions the opposition threw at it a clean legislative sweep that Finance Minister Senator Muhammad Aurangzeb secured without conceding a ... Read more

Pakistan Luxury Vehicle Imports Tax increases under Budget 2026-27 as new duties target luxury cars, SUVs and premium electric vehicles.

Govt Slaps Heavy Excise Duties on Luxury Vehicle Imports

Faraz Ali Ansari2026-06-16

ISLAMABAD: Finance Minister Muhammad Aurangzeb introduced a stringent taxation policy for the automotive industry in the Federal Budget 2026-27. The government is levying heavy taxes on luxury cars imported into the country, indicating that it will start taxing luxury consumption in order to increase its revenue. This fiscal policy aims at imposing taxes on ICE ... Read more

Pakistan Supplementary Grants reach Rs3.7 trillion amid budget 2026-27 overspending

Austerity Claims Collapse Under Rs3.7 Trillion Spending Blowout

Focus Pakistan2026-06-16

ISLAMABAD: Finance Minister Muhammad Aurangzeb walked into parliament this week carrying a bill that exposes the widest gap yet between the government’s austerity rhetoric and its actual spending behaviour, Rs3.684 trillion in supplementary grants seeking post-facto legislative approval for expenditures already made without parliamentary sanction. The figure dwarfs the Rs895 billion parliament regularised last year, ... Read more

IMF proposes GST increase Pakistan from 18% to 19% in budget 2026-27 as solar panel and electric vehicle taxes face sharp hikes

IMF Proposes GST Increase Pakistan From 18% to 19% as FBR Revenue Shortfall Deepens

Nayab Fatima2026-06-01

ISLAMABAD: Pakistan’s tax rate on its General Sales Tax is being increased from 18% to 19% under the IMF’s suggestions regarding the country’s federal budget for the financial year 2026-27. This suggestion is strongly opposed by the authorities in Pakistan on the premise that such an increment will only add up to the current situation ... Read more