Tax revenue target raised to Rs15.26tr; provinces to get Rs8.8tr from NFC; little room for new welfare measures

Petroleum levy at Rs1.68tr; salaried, real estate get tax cuts

Govt maintained external sector stability Fiscal deficit stood at 0.7% of GDP Current account posted surplus of

Customs duty exemptions drop 24% to Rs499b; FTA-related cost zero

Approves Rs3.2 trillion development package with Rs920 billion provincial contributions

Govt to slash PSDP by Rs126b, provinces cap spending, Coalition consensus clears way for June 12 budget

Govt may also allocate Rs3 trillion for defence spending and has finalised Rs50 billion relief for the salaried class

K-P adviser says NEC cannot alter provincial revenue shares as Centre seeks Rs1.2tr for next fiscal

Tax-to-GDP hits 10% against 17% target as only 43% of taxpayers file returns

Rate cuts for 550,000 middle-income earners as IMF sets ceiling on budget