ISLAMABAD: The Finance Bill 2025-26 has come into effect from today, July 1, 2025, as the new financial year starts.
President Asif Ali Zardari signed the bill into law on Monday. It was passed by the National Assembly on June 26 and then sent to the President for approval. After his signature, it was sent for official publication.
Now that the bill is active, the government can start collecting new taxes and spending money according to its 2025-26 budget plan. Many tax changes and financial steps mentioned in the bill are also starting from today.
The President’s approval was the final step in the budget process. Now the government can fully move ahead with its economic plans for the year.
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