Tue, 21-Oct-2025

How budget proposals will affect monthly salary tax deductions

Tax base expands with 723,000 new filers in 2024, says Aurangzeb

Pakistan’s federal government has revealed its budget for 2024–25, introducing significant income tax reforms aimed at easing the burden on those affected by inflation. Finance Minister Muhammad Aurangzeb emphasized the necessity of these reforms, highlighting the recent initiatives by the Federal Board of Revenue (FBR). Key proposals include maintaining income tax exemption for annual incomes … Read more