The Federal Board of Revenue (FBR) has formally started preparations for Pakistan’s 2026–27 federal budget, inviting tax-related proposals from its field formations and relevant government authorities.

According to official sources, the FBR has issued letters to Chief Collectors and Directors General, requesting recommendations for amendments to customs laws by February 10. Each proposal must clearly mention the name of the concerned field formation, details of the proposed changes, supporting justification, and an estimate of the expected impact on revenue collection.

As part of the budget formulation process, a Tax Policy Office has also been established within the Ministry of Finance. The new office will oversee the development of tax proposals and ensure better coordination between departments during the preparation of the upcoming fiscal budget.

The move is aimed at strengthening revenue collection mechanisms and introducing more effective and structured tax policies for the next fiscal year. These early preparations highlight the government’s focus on fiscal discipline and policy planning ahead of the 2026–27 budget announcement.