Govt to broaden tax net through compliance, not new taxes: Aurangzeb
Finance Minister Muhammad Aurangzeb on Friday said the government had not imposed any new taxes in the federal budget for FY2026-27 and would instead focus on broadening and deepening the tax net through improved compliance and enforcement measures. The finance minister unveiled the Rs18.8 trillion budget for FY2026-27 and set an economic growth target of 4% earlier today, while describing the budget as anchored in “stabilisation, reform and growth”. Speaking on private television programme Aaj Shahzeb Khanzada Kay Sath, Aurangzeb said the government's strategy was aimed at curbing tax evasion, leakages, corruption and collusion. Read: Budget 2026-27: FinMin projects 4% growth as govt unveils fiscal, tax and reform agenda “Deepening means addressing areas where there is tax evasion, leakage, corruption and collusion. We have to stop that, especially in the sales tax regime,” he said. He added that plugging leakages through stronger compliance a...