Tue, 21-Oct-2025

Changes to Tax Deduction for Rs150,000 Monthly Salary – August 2024

Monthly Salary Tax Deduction

The federal government has implemented new income tax slabs for monthly salaries effective from July 1, 2024, following the approval of the Budget 2024-25. The Federal Board of Revenue (FBR) has set new guidelines, impacting individuals earning more than Rs600,000 per year or Rs50,000 per month. Tax Deduction Slabs for Monthly Salaries With the new … Read more