Overview
- President Asif Ali Zardari gave formal assent to the Finance Bill on June 25, converting it into the Finance Act 2026-27 and completing the legislative process.
- The budget has a total outlay above Rs18 trillion and will legally take effect at the start of the fiscal year on July 1 after publication in the official gazette.
- Government employees and pensioners will receive a seven percent salary and pension increase from the first day of the new fiscal year.
- The finance package relies heavily on indirect and withholding taxes and on enforcement measures reported at about Rs1.02 trillion to reach a Federal Board of Revenue target near Rs15,264 billion.
- The Act also trims and removes many tariff exemptions and cuts average duties with an estimated import-stage revenue implication of roughly Rs143.4 billion, and the budget allocates large sums to debt servicing, defence and expanded social programs which could shape near-term fiscal pressure and household relief.