Several Pakistani lawmakers have endorsed the Pakistan National Heart Association (PANAH)’s proposal to impose higher taxes on ultra-processed foods and sugary beverages as part of efforts to tackle the country’s growing burden of non-communicable diseases (NCDs). The support came during a post-budget consultative meeting held in Islamabad, where parliamentarians and public health experts discussed the…
Long SEO Description The Punjab government has proposed increasing the sales tax on restaurant bills paid through debit cards, credit cards, and other digital payment methods as part of its revenue generation strategy for the upcoming fiscal year. According to the proposal, customers choosing electronic payment options at restaurants may have to pay a higher…
The federal government has proposed an allocation of more than Rs259 billion for internal security in the Budget 2026-27, reflecting its continued focus on strengthening law enforcement capabilities and maintaining peace and stability across Pakistan. According to official budget documents, the proposed funds will be utilized to enhance the operational capacity of security institutions, modernize…
The federal government has significantly increased the allocation for the Benazir Income Support Programme (BISP), raising its budget to Rs838 billion in the Federal Budget 2026-27. The move reflects the government’s continued commitment to strengthening social protection and supporting low-income households across Pakistan amid ongoing economic challenges. Finance Minister Muhammad Aurangzeb announced the enhanced allocation…
The federal government is aiming to generate an additional Rs650 billion in tax revenue under Budget 2026-27 as part of its broader strategy to strengthen public finances and bridge the gap between current collections and future expenditure requirements. According to budget documents, the Federal Board of Revenue (FBR) has set an ambitious tax collection target…
Centre Seeks Rs1.7 Trillion Cut in Provincial NFC Share, Says KP Finance Adviser ISLAMABAD – Khyber Pakhtunkhwa Finance Adviser Muzammil Aslam has claimed that the federal government is seeking a reduction of Rs1.7 trillion in the provinces’ share under the National Finance Commission (NFC) Award, while also urging provincial governments to increase tax collection and…
An International Monetary Fund (IMF) mission has begun technical discussions with the State Bank of Pakistan in Karachi as part of the third review of Pakistan’s $7 billion Extended Fund Facility and the second review of the $1.1 billion Resilience and Sustainability Facility. The IMF delegation, led by Iva Petrova, will hold meetings in Karachi…
