Pakistan Budget
Govt Forms Budget Committee to Review Rs. 72 Billion Recovery From Petrol Companies
The federal government has established a high-level budget committee to examine key fiscal matters ahead of the announcement of Pakistan’s FY2026-27 federal budget, including a proposal to recover Rs. 72 billion in windfall gains from oil marketing companies. According to an official notification issued by the Ministry of Finance, the committee has been formed under […]
Finance Ministry Explains Recent Increase in Government Expenditure
The Finance Division has issued a clarification regarding recent reports on rising civil government expenditure, stating that the figures were presented without proper context and created a misleading perception about federal spending trends. In an official statement released on Thursday, the ministry explained that a significant portion of the increase in expenditure was linked to […]
Insurance Relief Likely for Salaried Class in Budget 2026–27, Signals Finance Minister
In a potential relief for taxpayers, Muhammad Aurangzeb has indicated that insurance-related tax benefits for the salaried class may be reintroduced in the upcoming fiscal plan. The development comes as the government intensifies consultations ahead of the Budget 2026–27. The discussion emerged during a meeting between the Finance Ministry and the Insurance Association of Pakistan, […]