Govt Eyes Huge Relief for Salaried Class, Real Estate, Exports in FY27 Budget

The federal government is aiming to make the 2026-27 budget a growth-focused and business-friendly blueprint, with major relief expected for real estate, export sectors, SMEs, and the salaried class, sources told ProPakistani.

Finance Minister Muhammad Aurangzeb in a meeting today assured that super taxes would either be abolished or significantly reduced.

A real estate stimulus package, removal of tax on fictitious income, and incentives for overseas Pakistanis to invest are also in the works.

Remittances from Dubai have surged amid Middle East tensions, bringing fresh capital into Pakistan. New amendments to income tax laws, including the rollback of Section 7E will likely be addressed.

Tax relief for salaried individuals, reductions in export sector tax rates, and easier financing for SMEs are among the proposed measures. Key industries like IT, pharmaceuticals, minerals, mining, and agriculture are expected to benefit from industrial and tax policy reforms.

Export promotion and liquidity support are key objectives for the upcoming budget, with calls for targeted incentives for additional exports, import substitution, timely refund payments, and flexible adjustment systems to relieve pressure on business capital.

Also, business leaders urged the government the need for pro-investment, growth-focused measures, including tax reductions on industrial machinery and raw materials, affordable financing, and sector-specific policies.

SMEs have been urged to receive simplified regulations and easy access to credit. Gradual digitalization of the tax sector and regulatory easing were recommended to improve the business climate and attract domestic and foreign investment.