Pakistan’s newly unveiled budget includes tax relief measures aimed at addressing concerns from key sectors and individuals. The government has abolished the “deemed income” tax on property and the “Super Tax” for most companies, while reducing it for larger firms. Advance taxes on real estate transactions and a capital value tax on foreign assets held by residents have also been eliminated. However, the budget aims to increase Federal Board of Revenue (FBR) tax revenue by Rs2.281 trillion for FY27 through new taxes on digital content creators, e-liquids, and luxury vehicles, as well as broadening the sales tax base. Reporting requirements for financial transactions and penalties for non-filers have also been expanded. The budget signals government responsiveness to public criticism, but the feasibility of achieving ambitious revenue targets remains a key concern.