Islamabad: After the FBR field formations on the budget for the fiscal year 2026-27, the government has now also sought suggestions from the business community. Sources say that this time the federal budget for the next fiscal year will be prepared by the Tax Policy Office. Sources say that now that the Tax Policy Office has become operational, the Ministry of Finance will now prepare the budget instead of the FBR. In the new budget, tax incentives are being considered for the promotion of IT and the digital economy, and environmentally friendly and affordable energy projects have been declared a priority. The Ministry of Finance has also issued a special form for budget proposals, tax proposals, background and justification for amendments to laws must also be given.

Source: The Patriot January 10, 2026 16:00 UTC