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Salaried Class to Pay Rs535b Despite Minor Relief
- On June 13, 2025, the provincial assembly of Khyber Pakhtunkhwa was presented with the Rs2.119 trillion budget for the fiscal year 2025-26 by Aftab Alam Afridi, the province’s newly appointed finance minister.
- The budget relies predominantly on funds transferred from the federal government, featuring significant boosts in development expenditures and slight tax reductions, despite the continued heavy tax load on salaried employees.
- Key allocations include Rs547 billion for the Annual Development Programme, Rs363 billion for education, Rs276 billion for health, and a 10% salary raise with a minimum wage hike to Rs40,000.
- While 981,051 people will see 2-4% tax reductions totaling Rs56 billion in relief, salaried class tax payments are still projected at Rs535 billion, causing criticism as insufficient support.
- The budget signals a surplus of Rs157 billion and no new taxes for merged districts, but it faces dissent over inadequate fiscal space for meaningful relief for workers and pensioners.
12 Articles
12 Articles
Salaried class to bear Rs535 billion tax load next year, despite minor relief of Rs56 billion - Profit by Pakistan Today
Standing Committee on Finance calls the proposed tax relief a "joke," emphasising that the relief does not address the core financial pressures faced by the salaried class
Salaried class to pay Rs535b despite minor relief
A National Assembly panel on Friday termed a nominal reduction in the salaried class income tax rates a "joke", as discussions revealed that the salaried individuals would still pay around Rs535 billion in next fiscal year due to a paltry relief of Rs56 billion. According to details shared by Federal Board of Revenue Chairman Rashid Langrial with the National Assembly Standing Committee on Finance, 981,051 individuals would get a direct benefit …
FBR chairman reveals Rs 1,233 Billion tax evasion by Pakistan’s elite
Chairman of the Federal Board of Revenue (FBR), Rashid Langrial, has revealed that Pakistan’s wealthiest citizens have evaded taxes amounting to Rs 1,233 billion. During a meeting of the Senate Standing Committee on Finance, chaired by Senator Saleem Mandviwalla, FBR officials briefed lawmakers on the country’s tax system and enforcement measures. Senator Shibli Faraz criticized the tax enforcement approach, stating, “The country is being turned…
FBR Reverses Tax Relief for Low-Income Salaried Persons
ISLAMABAD: The Federal Board of Revenue (FBR) has reversed the proposed tax relief for low-income salaried persons, according to a statement made during a session of the National Assembly’s Standing Committee on Finance and Revenue. A considerable portion of the committee’s recent proceedings was dominated by discussions around conflicting tax rates for low-income salaried persons. Although Finance Minister Muhammad Aurangzeb announced a 2.5% ta…
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