Budget for FY2026-27 set to be presented in NA today

The federal budget for FY2026-27 is set to be presented by Finance Minister Muhammad Aurangzeb in Parliament today, featuring new tax measures worth Rs660-700 billion and targeted relief for mid- to upper-income earners. The government aims to expand the tax net through initiatives like the Fixed Tax Asaan Scheme and has reached an agreement with coalition partners to cut expenditures to address a Rs800 billion revenue shortfall.