Islamabad (Commerce Desk) — The size of Pakistan’s federal budget for the fiscal year 2026–27 is expected to reach approximately Rs 17,500 billion.
According to sources in the Ministry of Finance, discussions with the International Monetary Fund (IMF) regarding the budget have been completed, and consensus has been reached on key fiscal targets. However, consultations are still ongoing regarding relief for the salaried class.
Sources said the upcoming budget may include new taxes worth around Rs 220 billion, while income tax slabs for salaried individuals are also expected to be revised.
It is also reported that the threshold of the highest tax slab may be increased to reduce the burden on certain income groups.
According to FBR sources, proposals including a fixed tax scheme for traders and an increase in sales tax on hybrid and electric vehicles are in the final stages of consideration.
Officials stated that various revenue-enhancing measures are being incorporated into the budget to meet tax collection targets.