Federal budget for the fiscal year 2026-27 reflects that the government has completed process of economic stabilization in collaboration with International Monetary Fund (IMF). Moreover, this budget also shows government’s major achievements on economic front, fiscal management as well as future roadmap for economic uplift of the country. Despite serious financial constraints, the government has proposed mega relief to the vulnerable segment of society in this budget. I think that, the government has proposed very good incentives to ensure industrialization in the country. Moreover, the government has announced relief measures for salaried class worth Rs 360 billion. They have proposed faceless FBR to provide tension free tax regime to the business class and it is a good story. Overall budget is very good and spirit of budget is people friendly. I think that budget is a good step towards right direction. The budget will ensure steady inflow of foreign investment in the country.  Presently there are almost 3.5 fillers in the country and tax net needs to be expanded. However in light of measures proposed in budget, we may hope expansion of tax net to wider extent. Agriculture sector needs to be given due heed along with better management to ensure food security and future food basket. Iran-US deal will cast positive impacts on Pakistani economy. We can largely benefit from peace deal between the US and Iran economically.