Pakistan, July 1 -- As the new fiscal year begins on July 1, Pakistan has officially enforced the 2025-26 budget after receiving presidential approval from Asif Ali Zardari. The budget introduces strict tax measures and financial changes that are expected to affect individuals and businesses across the country.

The government has imposed Rs 389 billion in enforcement actions and added Rs 312 billion in new taxes. Among the major changes, tax on mutual fund investments has increased from 25% to 29%, and a 10% sales tax has been introduced on the sale of solar panels - a move that has sparked criticism due to rising energy costs.

Moreover, the Federal Board of Revenue (FBR) has received broader powers to track transactions using registere...