Budget 2026-27: KPMG Brief of Finance Act and Actions as Over 1,500 pages

11 July 2026

Author: Mr Asif S Kasbati (FCA, FCMA & LLB).

From: Asif Siddiq Kasbati <asif.s.kasbati@professional-excellence.com>

Date: Sat, Jul 11, 2026 at 4:36 PM
Subject: TLQC3611= Budget 2026-27: KPMG Brief of Finance Act and Actions as Over 1,500 pages

590+ Taxes & Levies Quick Commentary - TLQC 3611

A. Background: For List of earlier relevant TLQCs, please refer to para D.

B. Updated Commentary

We would inform you about A Brief of Finance Act 2026 - KPMG (Attachment 3611.1) having 73 pages and important content page on 3. We will share more Commentaries, Explanatory Circulars, etc shortly.

2. Since professionals lack sufficient to read over 1,500 pages as per this cum TLQC in para E (plus Provincial Laws Commentaries), etc and upcoming TLQCs as to 5 Finance Acts. Moreover several Professionals are unaware of several amendments out of over 500 amendments via 5 Finance Acts, we have arranged the following two types of 5 Finance Acts for different types of professionals, keeping in view understanding level and time contraints:

(a) One Day 9am to 6pm Quick learning workshop on 21 July 2026 (refer to email in trail)

(b) Two Days In-depth Study Workshop on 16 & 17 July 2026.

C. KC Recommendations: Click here for Tentative Registration for any one of the two Workshops owing to limited seats. You may send another professional to the other Workshop. Our Team member will share Flyer and videos as to Panelists cum Participants views.

D. Multiplication: Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this QC is for the Noble Cause to Impart Knowledge and Better Profits for the entity which send their Representatices.

E. List of other relevant TLQCs from the relevant

(a) 3610 of 11.7.26 about KC Recommendations due to Immediatly applicable Indirect tax matters like 1% Minimum Value Addition Tax on Procedure by STGO 9

(b) 3605 of 7.7.26 about FST Third Schedule items' Compliance Guidance as per STGO 8 and KC Views

(d) 3583 of 27.6.26 about Budget 2026-27: President assented Finance Bill to become Act

(e) 3582 of 27.6.26 about Budget 2026-27: Comments on Amended Finance Bill - Tola

(f) 3581 of 24.6.26 about Budget 2026-27: Amended Finance Bill's Unauthentic version

(g) 3580 of 24.6.26 about Federal Budget 2026–27 authentic information about National Assembly passed the Finance Bill

(h) 3578 of 24.6.26 about Surprising 15.2+ Trillion Loans past payments NA discussion; though 2026-27 Revenue will be 20.6 Trillion

(i) 3562 of 14.6.26 about Budget 2026-27: Yousuf Adil highlights & Comments

(j) 3561 of 14.6.26 about Budget 2026-27: KPMG Budget Brief 2026 on Finance Bill

(k) 3560 of 13.6.26 about Budget 2026-27: AFF's Tax Memorandum on Finance Bill

(l) 3559 of 13.6.26 about Budget 2026-27: Tola Proposed Tax Amendments - Succinctly Recount - on Finance Bill

(m) 3555 of 13.6.26 about Budget 2026-27: Finance Bill, Notes, Salient Features & KC Views

(n) 3564 of 14.6.26 about Budget 2026-27: Anomaly Committee – Technical

(o) 3563 of 14.6.26 about Budget 2026-27: Anomaly Committee - Business

F. Further Details & Services

Should you require any clarification or explanations in respect of the above or otherwise, or require Income Tax, Federal & Provincial Sales Tax or Withholding Tax Statement, Advisory, Return Filing or Review services, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-excellence.com, asif.s.kasbati@professional-excellence.com.

Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)

Managing Partner

Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc

Quick Commentary Service Provider and High Level 440+ Tax & Levies Laws Consultants)

Head of Tax & Professional Excellence Services (Symbols of High Quality Practical Tax, Levies & Corporate Training for Beginners to High Levels' Professionals)

PTCL: 92-21-34329108 Website: kasbati.co Facebook: https://www.facebook.com/taxexcellence/

Google Map link: Tax Excellence YouTube Channel Tax Excellence

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Dear Learned Professionals

Watch short Clip as to "Even if your Goodself have attended Post Budget & Finance Seminars & Conference, Why to attend 500+ changes via 5 Finance Acts In-Depth Study 2 Days Long Tax Excellence / KC Workshop" by Mr Asif Kasbati, FCA, FCMA & LB Click here. Watch High Quality & Detailed Study Workshop old but gold Sample video and Register for 2026 5 Finance Act Workshop today due to limited seats* Click here

2. Workshop on 21 July Tuesday from 9am to 6pm Karachi Physically & Online from all over Pakistan. Pages 1 & 2 are pasted below. For Full Brochure Click here with Images of High Quality Physical & Online Workshop on pages 2 & 3.

3. Tentative Registration Link: Click here For details call UAN 0331 1118 786 Quick Registration: Fill registration form and send back to us XLS and signed form us via email all the address in CC to get Invoice & Pay for seat Reservation, as Limited seats

4. Participants, Electronic Media & Penalists Views - Please Click on the Link for the following VIDEOs

(a) Finance Act Workshop some of the Participants Views - click on respective links

i. Mr Khalid Petiwala (Renowned Tax Professor & Consultant at ICAP) attended Kasbati Workshops on Finance Act, PostBudget, etc Workshops and explaining the necessity of attending Workshops by Professionals

ii. Mr Arif Sattar (Senior Tax Consultant) comments on Tax Excellence Post Budget/Finance Act Workshop, "Comprehensive material & Clarified all Qs well and Suggesting ITP & other professional to attend"

iii. Comments by Mr M.Zeeshan Khan (Tax Manager of Be Energy) Suggesting to attend Finance Act, etc owing to High Quality

(b) For Serveral Other Workshop Participants' Views Click on link

(c) Electronic Media & Penalists Views - refer to above link

i. AAJ TV Reporting about Mr Asif Kasbati Workshops, etc for Tax Awareness to Maximum

ii. Mr Ashfaq Tola, SAFA President, Ex RRMC Chairman, Minister & ICAP President

iii. Mr Ali Almani, Advocate, Partner Fazle Ghani & Co (Headed by Mr Makhdoom Ali Khan - Advocate SCP & Ex Attorney General of Pakistan)

iv. Mr Arshad Shehzad (Advocate High Court)

v. Mr Owais Mukati (ICAP Tax Committee Member) & Mr Mehmood Bikya (Ferguson Partner & Vice President, Karachi Tax Bar Association)

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Budget 2026-27: KPMG Brief of Finance Act and Actions as Over 1,500 pages