{"id":5210,"date":"2026-07-07T10:43:45","date_gmt":"2026-07-07T10:43:45","guid":{"rendered":"https:\/\/paksouch.com\/?p=5210"},"modified":"2026-07-07T10:43:45","modified_gmt":"2026-07-07T10:43:45","slug":"finance-minister-says-government-did-what-it-could-for-salaried-class-in-budget","status":"publish","type":"post","link":"https:\/\/paksouch.com\/?p=5210","title":{"rendered":"Finance Minister Says Government Did What It Could for Salaried Class in Budget"},"content":{"rendered":"\n

KARACHI:<\/strong> Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb<\/strong> has said the government provided as much relief as possible to the salaried class in the Federal Budget 2026\u201327<\/strong>, while reaffirming its commitment to tax reforms and economic stability.<\/p>\n\n\n\n

Addressing a ceremony in Karachi, the finance minister said Pakistan’s foreign exchange reserves have reached approximately $18.5 billion<\/strong>, adding that the government has also successfully issued a Panda Bond<\/strong> as part of its efforts to strengthen external financing.<\/p>\n\n\n\n

Relief for Salaried Class<\/h3>\n\n\n\n

Responding to concerns about taxation, Aurangzeb said the government had extended the maximum relief it could afford to salaried individuals in the current budget.<\/p>\n\n\n\n

He also announced that the government’s Medium-Term Tax Policy<\/strong> would be developed in consultation with stakeholders to ensure a more predictable and transparent taxation framework.<\/p>\n\n\n\n

Focus on Tax Reforms<\/h3>\n\n\n\n

The finance minister said the government remains focused on eliminating corruption and simplifying the tax system to improve compliance and facilitate businesses.<\/p>\n\n\n\n

He added that expanding trade with other countries remains one of Pakistan’s key economic objectives.<\/p>\n\n\n\n

Commenting on the National Finance Commission (NFC) Award<\/strong>, Aurangzeb said discussions are ongoing and appreciated the cooperation extended by the provincial governments.<\/p>\n\n\n\n

Digital Economy and Banking Reforms<\/h3>\n\n\n\n

Speaking at the same event, Minister of State for Finance Bilal Azhar Kayani<\/strong> said the government is taking effective measures to promote a modern, transparent, and robust banking system.<\/p>\n\n\n\n

He noted that reforms in the financial sector would strengthen business activity and contribute to greater economic stability.<\/p>\n\n\n\n

Kayani also highlighted the government’s efforts to promote Pakistan’s digital economy<\/strong>, saying the increasing use of technology in the banking sector is making financial services more accessible and convenient for the public.<\/p>\n\n\n\n

While acknowledging the progress made so far, he said Prime Minister Shehbaz Sharif is committed to further improving the country’s financial and digital infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"

KARACHI: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said the government provided as much relief as possible to the salaried class in..<\/p>\n","protected":false},"author":1,"featured_media":5211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-5210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"featured_image_urls":{"full":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/437605_521602_updates-1.jpg",700,400,false],"thumbnail":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/437605_521602_updates-1-150x150.jpg",150,150,true],"medium":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/437605_521602_updates-1-300x171.jpg",300,171,true],"medium_large":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/437605_521602_updates-1.jpg",700,400,false],"large":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/437605_521602_updates-1.jpg",700,400,false],"1536x1536":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/437605_521602_updates-1.jpg",700,400,false],"2048x2048":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/437605_521602_updates-1.jpg",700,400,false]},"author_info":{"info":["admin"]},"category_info":"Business<\/a>","tag_info":"Business","comment_count":"0","_links":{"self":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/5210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5210"}],"version-history":[{"count":1,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/5210\/revisions"}],"predecessor-version":[{"id":5212,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/5210\/revisions\/5212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/media\/5211"}],"wp:attachment":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}