Bulgaria enacts State Budget Act 2026 introducing gambling affiliate tax, expanded child tax relief
Bulgaria's National Assembly has enacted the State Budget Act for 2026, setting the country's strategic financial direction. It was passed by the National Assembly on 24 July 2026, approved by the President on 29 July 2026, and officially
See MoreAustria gazettes Budget Accompanying Act 27–28 with corporate tax, parcel tax, pension changes
Austria published the Budget Accompanying Act 2027–2028 in the Official Gazette on 29 July 2026, introducing a broad package of tax, financial and policy measures under the country's dual budget for 2027 and 2028. The legislation includes a new
See MoreBulgaria adopts civil servant contributions, raises insurance thresholds in 2026 budget bills
Bulgaria’s National Assembly gave final approval to the State Social Security Budget Bill and the National Health Insurance Fund Budget Bill, followed by the State Budget Bill on 22 July 2026. All three bills were tabled on 1 July, and adopted
See MoreAustria: Bundesrat approves 2027–2028 budget
Austria’s Federal Council (Bundesrat) approved the Budget for 2027 and 2028, including a range of tax measures, on 16 July 2026. Financial and tax reforms The Budget detail several significant changes to the Austrian tax and financial
See MoreAustria: Nationalrat approves 24% higher CIT rate in 2027–2028 budget
Austria's parliament (Nationalrat) approved the Budget for 2027 and 2028 on 10 July, including the Budget Accompanying Act 2027–2028 (Budgetbegleitgesetz 2027–2028), which introduces a range of tax measures. Financial and tax
See MorePakistan enacts Finance Act 2026 with income tax reforms, digital compliance measures
Pakistan's Federal Board of Revenue (FBR) has published the Finance Act 2026, enacted on 26 June 2026, introducing a wide range of amendments to the Income Tax Ordinance, 2001 covering personal taxation, digital tax administration, withholding
See MoreCanada initiates pre-2026 budget consultations
Canada's Department of Finance has launched pre-budget consultations on 6 July 2026, inviting Canadians to provide input on the government's spending and policy priorities before the budget is presented this autumn. The government said
See MoreAustria enacts Budget Measures Act 2026 with income tax, VAT and compliance changes
Austria's Budget Measures Act 2026 (Budgetmaßnahmengesetz 2026) entered into force on 1 July 2026 after being published in the Official Gazette (BGBl. I 43/2026) on 30 June. The legislation amends a range of federal laws with measures intended to
See MoreBangladesh passes Finance Bill 2026 with higher tax-free threshold for individuals
Bangladesh has passed the Finance Bill 2026, approving a series of revisions to the government's budget proposals, including a higher income tax-free threshold for individual taxpayers, the withdrawal of several controversial tax provisions and
See MoreAustria: Federal Council approves Budget Measure Act 2026
Austria's Federal Council (Bundesrat) approved the Budget Measure Act 2026 on 25 June 2026, adopting a package of amendments to various tax laws aimed at promoting tax fairness, combating tax fraud, reducing the tax burden on workers and simplifying
See MoreUkraine: Cabinet of Ministers approves 27-29 budget declaration
Ukraine's Cabinet of Ministers issued Resolution No. 793 on 17 June 2026, approving the budget declaration for 2027–2029, which includes a broad package of tax measures aimed at increasing budget revenues, strengthening tax administration and
See MoreAustria: Draft Budget Accompanying Act 2027–2028 sets out progressive CIT rate
Austria’s government has submitted the Draft Budget Accompanying Act 2027–2028 to Parliament, introducing a range of tax measures under the dual budget framework for 2027 and 2028. The proposals aim to strengthen fiscal consolidation efforts,
See MorePakistan reduces exemptions, accelerates tax administration digitalisation in FY2026-27 budget
Pakistan's government presented its Federal Budget for FY2026-27 on 12 June 2026, targeting PKR 20.6 trillion in revenue through higher tax collections, tax administration reforms and broader economic documentation as it seeks to maintain
See MoreAustria: Nationalrat approves budget measures Act 2026
Austria's Nationalrat on 10 June 2026 approved the Budget Measures Act 2026 (Budgetmaßnahmengesetz 2026), a legislative package amending several federal laws with measures aimed at strengthening tax fairness, combating tax fraud, reducing the tax
See MoreBangladesh announces Budget 2026-27, proposes sweeping incentives for foreign investment
Bangladesh’s Finance Minister Amir Khosru Mahmud Chowdhury presented the National Budget 2026-27 today, 11 June 2026, after his cabinet endorsed the proposed budget on the same day. The total outlay of the FY 2026-27 budget is set at BDT 9.38
See MoreBangladesh to introduce major tax relief package to boost investment, to reduce AIT and VAT across various sectors
The Bangladesh government is preparing sweeping tax cuts across multiple sectors in its upcoming 2026-27 budget, designed to make Bangladesh a more attractive investment destination. The push includes reduced advance income tax (AIT) rates, slashed
See MoreBangladesh to introduce fast-track approvals, tax overhaul in 2026-27 budgetÂ
Bangladesh's government plans to roll out sweeping deregulation reforms aimed at reducing business friction, streamlining licensing requirements, and overhauling tax administration. Finance Minister Amir Khosru Mahmud Choudhury will dedicate a
See MoreUS: New York approves FY 2026-27 budget, introduces tip income tax exemption
New York Governor Kathy Hochul signed the New York State Fiscal Year 2027 Budget on 28 May 2026. This legislative package is designed to address the rising cost of living while funding critical public safety and infrastructure initiatives. While
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