Budget FBR Tax Year 2026-27

Finance Act 2026 Notified — Key Changes for Tax Year 2026-27

July 1, 2026

The Federal Board of Revenue has formally notified the Finance Act 2026, bringing several changes for tax year 2026-27 (July 1, 2026 – June 30, 2027).

What changed

Salaried slabs restructured — the top marginal rate band now extends further before the 35% ceiling applies.
Super tax continues to apply on high earners.
Bank cash withdrawal withholding for non-filers doubled to 1.2%.

We will update this page as FBR publishes the detailed rate cards.

Verified against www.fbr.gov.pk as of July 2, 2026.

Disclaimer: The information on this page is provided for general awareness only and is not tax, legal, or financial advice. It does not account for your specific circumstances. For advice tailored to your situation, consult the Ifat Associates team.