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Budget 2026-27: Pakistan plans major tax exemption overhaul after IMF pressure
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Budget 2026-27: Pakistan plans major tax exemption overhaul after IMF pressure
ISLAMABAD: Pakistan is preparing for a major overhaul of tax exemptions in Budget 2026-27 after the International Monetary Fund (IMF) called for a further reduction in tax reliefs during budget negotiations, sources said. According to sources, the IMF has demanded that Pakistan shrink tax exemptions as part of broader fiscal reforms, with the government expecting around Rs 40 billion in additional revenue from curtailing various tax concessions.…
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