Here Are Key Features of Budget 2025-26

The federal government has announced the budget for the fiscal year 2025-26.

Finance Minister Muhammad Aurangzeb presented the Federal Budget in the Parliament House today for the fiscal year 2025-26. The total federal budget outlay is Rs 17.6 trillion.

• Tax on Dividend remained unchanged at 15 percent
• Defense expense set at Rs. 2.5 trillion
• Current expenditure set at Rs. 16.3 trillion
• Non-tax revenue set at Rs. 5.1 trillion
• FBR taxes set at Rs. 14.1 trillion, 19 percent YoY
• Budget outlay set at Rs. 17.6 trillion, +2 percent YoY
• Online retailers to collect 18% sales tax from sellers
• New tax credit scheme for houses up to 10 marlas
• The government withdraws tax exemptions on higher pensions
• The government sets an expiry date on the duration of spouses of deceased employees
• A massive tax is imposed on online shopping and cash-on-delivery
• The government will now seize items with no barcodes or tax stamps
• A new 18 percent sales tax imposed on solar panel imports
• Advance tax on the purchase of immovable property by filers reduced
• Advance tax on cash withdrawals increased for non-filers
• Government slaps Rs.  500,000 fine, 3-year prison sentence for using wrong CNIC numbers and NTNs