BUDGET 2026-27: Finance Bill sails through NA (opens original article in a new tab)

The National Assembly passed the Finance Bill 2026 after opposition members left, including changes like scrapping FED on low-sugar drinks and tax breaks for airlines. The bill also adjusts excise duties on electric vehicles and includes tax exemptions for private equity funds.

• Finance Bill 2026 passed by National Assembly after opposition walked out
• Abolition of Federal Excise Duty on mineral water and hydration drinks with low sugar content
• Sales tax exemption for local airlines on import or lease of aircraft parts from July 1, 2027