Tue, 21-Oct-2025

Income tax raised: salaried class will endure another burden

Income tax raised: salaried class will endure another burden

ISLAMABAD: In the budget for the fiscal year 2024-25, the federal government proposed exempting individuals earning up to Rs600,000 annually from paying income tax. Finance Minister Muhammad Aurangzeb presented the proposed changes during the budget session in the National Assembly (NA), emphasizing the need for personal tax reforms. Aurangzeb announced that the new tax target … Read more