Islamabad: (Right Now News). The federal budget for the new fiscal year will be presented in the first week of June. The government has decided to prepare the budget according to IMF conditions, proposing relief for the salaried class. A gradual reduction in super tax will be implemented in consultation with the IMF.

The budget for fiscal year 2026-27 proposes ending income tax and sales tax exemptions for various sectors. Special economic zones will not receive new tax exemptions or concessions. Existing tax exemptions will also be withdrawn.

Export zones will be restricted from selling manufactured goods in the local market. Timely increases in electricity and gas prices will be mandatory. The IMF has emphasized tightening tariff adjustments according to the loan program.

The FBR’s audit system will be strengthened and centralized. The federal budget will temporarily ban the creation of new economic zones. Restrictions on foreign exchange will be gradually eased.

It is noteworthy that the government plans to increase the stipend for BISP beneficiaries by five thousand rupees, raising the quarterly amount from fourteen thousand five hundred to nineteen thousand five hundred rupees.