Islamabad: The government has declined to disclose the exact amount of tax relief given to different sectors in the Finance Bill 2026–27, saying that discussions with the IMF are still ongoing and the budget measures are not yet finalised. The tax relief provided to high-income earners, along with the abolition and gradual reduction of super tax and cuts in tax …
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Article 164 and how it affects the budget equation
The outgoing fiscal year was generally marked by economic stability, but the Gulf conflict toward the end of the year led to renewed concerns about rising inflation. The rupee remained largely stable throughout the year, while continued engagement with the IMF brought more certainty and discipline to the government’s fiscal management. Much of this stability was supported by the documented …
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