The government is all set to present the Federal Budget 2025–26, amounting to a historic Rs 17,600 billion, in the National Assembly on Tuesday, June 10, 2025.
According to official sources and budget documents, the Federal Board of Revenue (FBR) has been given a steep tax collection target of Rs 14,130 billion.
The total estimated federal revenue stands at Rs 19,400 billion, out of which Rs 15,500 billion is expected to be raised through taxes.
The proposed breakdown includes direct taxes worth Rs 6,450 billion, sales tax revenue of Rs 4,900 billion, excise duties of Rs 1,150 billion, and customs duties totalling Rs 1,740 billion. Petroleum levy collection is expected to bring in Rs 1,311 billion.
Non-tax revenue is projected at Rs 4,000 billion, and the provincial surplus budget is estimated at Rs 1,200 billion.
The upcoming national development budget has been proposed at Rs 4,083 billion, with the federal share set at Rs 1,000 billion.
Provincial development allocations include Rs 1,188 billion for Punjab, Rs 887 billion for Sindh, Rs 440 billion for Khyber Pakhtunkhwa, and Rs 280 billion for Balochistan.
The revised development budget for the current year was Rs 2,358 billion, slightly higher than the original allocation of Rs 2,186 billion.
Defence Budget:
The Ministry of Defence sees a massive 114% hike in its development budget, reaching Rs 11.55 billion compared to Rs 5.38 billion last year.
Meanwhile, the Defence Production Ministry’s allocation has decreased from Rs 2.72 billion to Rs 1.79 billion.
Budget for SIFC:
The Special Investment Facilitation Council (SIFC) Division is allocated Rs 503 million for the upcoming year. The Ministry of Interior’s development budget is proposed at Rs 10.91 billion, up from Rs 9.78 billion.
PM Office renovation:
The Prime Minister’s Office renovation has been allocated Rs 65 million, and an additional Rs 3 billion is earmarked for enhanced family suites for parliamentarians.
Rs 50 billion is proposed for parliamentarians’ constituency development schemes for the upcoming year.
Allocations for ministries:
The Ministry of Climate Change is slated to receive Rs 2.78 billion, while the Ministry of IT will see an allocation of Rs 13.53 billion. The health sector is proposed to get Rs 15.34 billion—down from the current year’s Rs 24.75 billion—while education is expected to receive Rs 19.68 billion.
The Water Resources Ministry will get Rs 140 billion, slightly lower than the previous Rs 170 billion allocation. Rs 2.59 billion for NADRA and Rs 1.97 billion for digital economy development are proposed to be allocated.
The Power Division is expected to get Rs 104 billion for development projects.
Railways have been allocated Rs 24.51 billion for development. The Ministry of Science and Technology’s budget has been cut to Rs 4.79 billion from Rs 6.65 billion this year.
Other mega allocations:
Additional allocations include Rs 4.75 billion for the Pakistan Atomic Energy Commission and Rs 24.15 billion for SUPARCO (Pakistan Space and Upper Atmosphere Research Commission).
The combined development budget for provinces and special regions is proposed at Rs 245.89 billion. This includes Rs 70.44 billion for merged districts and Rs 82 billion for development in Azad Jammu and Kashmir and Gilgit-Baltistan.
The Green Line Karachi project has been assigned Rs 500 million, the Karachi IT Park Rs 4 billion, and the Islamabad Technology Park Rs 4.9 billion.
Among notable allocations, Rs 2.5 billion has been proposed for terminal construction on the Pak-Afghan border.
Reporter: Waqas Azeem