12/06/2026
# # # 🇵🇰 Pakistan Budget 2026-27:
Relief for the Salaried Class & IT Sector! 📋
The Federal Government has presented the budget for Fiscal Year 2026-27. This year, the focus brings a breath of fresh air for corporate professionals, tech exports, and middle-income families.
Here are the key highlights you need to know:
🔹 **Salary & Pension Boost:**
A **7% to 10% increase** in salaries for government employees and a **7% increase** in pensions has been proposed.
🔹 **Massive Income Tax Cuts (Salaried Class):**
Tax rates for multiple brackets have been slashed to provide relief to the documented workforce:
* Annual income of Rs. 2.2m – 3.2m: Reduced from 23% to **20%** 📉
* Annual income of Rs. 3.2m – 4.1m: Reduced from 30% to **25%** 📉
* Annual income of Rs. 4.1m – 5.6m: Reduced from 35% to **29%** 📉
*(Bonus: The 9% income tax surcharge on high earners has been completely abolished!)*
🔹 **Huge Win for IT & Freelancers:**
The concessionary **0.25% final tax regime** for IT and ITeS exports has been officially **extended for another 3 years**! A massive boost for the digital ecosystem. 💻🚀
🔹 **International Card Transactions:**
Withholding tax on international debit/credit card transactions has been drastically slashed from 5% down to just **0.5%**. 💳
🔹 **Health & Welfare Relief:**
To support women’s health, sales tax and customs duties have been completely removed from sanitary pads and related raw materials. 🩸❌
🔹 **Strengthening the Social Safety Net:**
The Benazir Income Support Programme (BISP) budget has been expanded to **Rs. 838 Billion**, extending financial aid to 12 million families. 🤝
💬 *