Senate pushes relief for salaried class, taxes on wealthy
The recommendations call for relief for salaried and low-income earners and higher taxes on luxury assets, with 56 senators joining the debate.
3 Articles
3 Articles
Senate pushes relief for salaried class, taxes on wealthy
The Senate on Thursday approved a series of budget 2026-27 recommendations, including a 15% increase in salaries of government employees, restoration of frozen medical allowances for employees and pensioners, higher taxes on luxury assets and large-engine vehicles, and permission for foreign visitors and residents to bring alcohol into the country for personal use. The recommendations were adopted during a Senate session chaired by Chairman Sena…
FY2026-27 budget: Senate seeks increase of income tax exemption threshold, reduction in electricity tariffs
ISLAMABAD: The Senate on Thursday adopted 123 recommendations regarding the federal budget for FY2026-27, seeking an increase in the income tax exemption threshold for low-income earners, a reduction in electricity bills and increased taxes on luxury assets. A motion for this purpose was moved by Senate Standing Committee on Finance and Revenue Chairperson Saleem Mandviwalla. The standing committee finalised the recommendations earlier in the da…
Senate recommends tighter PSDP oversight, digital tax relief, stronger social protections - HUM News English
ISLAMABAD: The Senate on Thursday proposed a sweeping set of budgetary recommendations for the 2026-27 fiscal year, heavily prioritising the completion of near-ready infrastructure over new one, demanding deeper gender-focused spending, and targeted tax relief for low-income digital content creators. The recommendations, put forward following an extensive parliamentary debate on the federal budget, serve as the upper house's formal policy guidel…
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