PREFACE

The budget for 2025-26 was announced on 10 th June, 2025. The National Assembly approved the Finance Bill 2025 on June 26, 2025, with some amendments. Following the President of Pakistan’s assent, the Finance Act 2025 was enacted on June 27, 2025. The amendments are effective from July 01, 2025 unless an earlier date is specified for a particular provision. Our comments provide a basic understanding of the expected changes; however, for a detailed explanation, we recommend seeking our professional advice.