Pakistan, June 8 -- The federal government is awaiting approval from the International Monetary Fund (IMF) for a package of tax relief measures ahead of the 2026-27 budget, while simultaneously negotiating new revenue-generating proposals to meet ambitious tax collection targets.

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According to officials, the proposed relief package includes reductions in income tax slabs for salaried individuals, particularly middle-income earners, a two-percentage-point cut in the Super Tax, and the withdrawal of a one percent advance income tax on exporters. The government is also seeking incentives to revive activity in the property sector.

Sources said authorities have proposed lowering transaction ta...