The Federal Budget for FY 2026-27 is scheduled for Friday, 12 June 2026. This page tracks pre-budget expectations now and switches to live coverage when the Finance Minister starts the speech. Every calculator on the site flips to the new slabs the moment the Finance Act 2026 lands.
Plausible shapes the Finance Act 2026 could take. These are analytical placeholders - none are forecasts. The actual measures will be summarised on this page within hours of the speech.
FBR revenue target tightened, slab relief modest or absent, surcharge retained, broader tax base.
Political-cycle pressure prompts further slab cuts and a partial surcharge withdrawal.
No headline slab changes; FA 2026 is largely a continuation of FA 2025 with cosmetic tweaks.
Did the FA 2025 entry-rate cut hold? Was the PKR 10M surcharge tweaked? Top-slab status?
236C / 236K rate movement, 7E deemed income, valuation table updates, ATL-only relief.
PSEB 0.25% continuity, Section 154A scope, banking-channel requirements.
PSX dividend WHT, Section 37A regime, mutual fund AMC rates, foreign dividend treatment.
Staff-level agreement targets, tax-to-GDP commitments, retailer & agriculture taxation.
Top-of-funnel summary of every cluster in one place. Good starting read.
Every calculator on this site reads from the same slab tables. Pick "Tax Year 2026-27" today and you'll see the placeholder (currently aliased to TY 2025-26). The numbers update everywhere once the Finance Act 2026 is gazetted.
Short headlines from FBR, PSEB, SBP, and SECP - curated so you can keep up in under a minute.
PM Shehbaz Sharif has directed FBR field officials to visit Karachi monthly for structured engagements with the business community, aimed at resolving compliance grievances, lifting investment and improving transparency ahead of the 30 September 2026 filing deadline.
Islamabad amended the Import Policy Order to prohibit goods produced with forced or compulsory labour, aligning with ILO conventions. The move pre-empts fresh US tariffs threatened under a Trump-era probe covering 60 economies flagged for weak labour enforcement.
PM Shehbaz Sharif directed SBP and stakeholders to fully digitise worker remittances, up from an already 92% digital share. Mobile banking users have hit 137m and merchant digital transactions are up 300% year on year, easing WHT and documentation compliance.
SECP Commissioner Muzaffar Ahmed Mirza urged the Sialkot Chamber of Commerce to formalise via corporatisation, citing digital services and streamlined compliance. Corporate registration is seen as key to widening Pakistan's documented tax base.
SECP has issued Pakistan's first ESG Mutual Funds Framework, letting AMCs launch environmental, social and governance funds. At least 50% of assets must be ESG-aligned, with mandatory disclosure and independent assurance rules to curb greenwashing.
PACRA lifted Bank of Punjab's long-term entity rating from AA+ to AAA, making it the first provincial bank to reach Pakistan's top credit tier. The upgrade reflects PKR 2tn+ deposits and near-doubled operating profit of PKR 40.7bn.
Punjab CM Maryam Nawaz tabled a PKR 5.9tn FY27 provincial budget framed as 'people-friendly', with a 7% salary hike for govt employees and stepped-up health and education outlays. The framework lands four days after the federal Budget 2026-27 speech.
Punjab's FY27 finance bill triples annual token tax on loader vehicles and caps sales-tax input claims at 12 monthly instalments, tightening provincial GST enforcement. The provincial measures complement federal FA 2026 broadening efforts.
The questions we hear most in the run-up to speech day.
The Federal Budget for FY 2026-27 is scheduled to be presented in Parliament on Friday, 12 June 2026, in line with the constitutional requirement that the budget be tabled before the start of the next fiscal year (1 July). The Finance Act 2026 follows within days of the speech.
Pre-budget speculation centres on whether the 1% entry rate from FA 2025 holds, whether the 10% surcharge above PKR 10M is extended, and whether IMF conditionality pushes for any upward revision. The slabs on this site are aliased to TY 2025-26 until the FM's speech confirms the actual numbers.
PSEB-registered IT exporters have been taxed at 0.25% final tax on export receipts under Section 154A. P@SHA and industry bodies have lobbied for continuity. We will update the IT-export guides and calculators within hours of any change.
Pakistan remains in an IMF programme. The Fund's staff-level agreements have historically required higher tax-to-GDP ratios, expanded retailer / agriculture taxation, and energy-sector revenue measures. Watch for those signals in the FM's speech.