BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Print Print edition: 2025-11-09

FY25 annual report: FBR admits excessive tax burden on salary earners

  • The tax authorities endorse the harsh measure against the salaried individuals was taken to generate additional revenue from the salaried class during 2024-25 onwards.
Published Updated

ISLAMABAD: The Federal Board of Revenue (FBR) has officially admitted that the government had considerably increased income tax rates on salaries for high-income earners to raise the tax burden up to 35 percent on high-salaried individuals .

In the FBR’s annual report for 2024-25 issued on Saturday, the tax authorities have endorsed that the harsh measure against the salaried individuals was taken to generate additional revenue from the salaried class during 2024-25 onwards.

‘Mounting tax burden driving economy towards collapse’

The Finance Act, 2024 has revised income tax rates on salaries for individuals particularly increasing the tax burden on high salaried persons. New tax slabs have been introduced, lowering the taxable income threshold and raising rates for high-income earners, with the highest rate reaching 35 percent.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.

Ferraro Nov 09, 2025 06:25pm
Actually the income tax can exceed 35% where tax payer has rental income or holds more than one job. Goes over 40%. Too high.
0
Ch K A Nye Nov 09, 2025 07:45pm
The inept and lazy always prey on those who have no choice.
0
Mashooque Ali Soomro Nov 09, 2025 08:26pm
High tax rates with zero benefits
0
Ahmad Kamal Nov 09, 2025 11:25pm
Not only Salaried class. Service providers pay 33% tax. 16% ST and 15% withholding income tax on gross amount which comes to 33% 15% WH Income tax is minimum tax applicable on invoice value plus .
0
Naseem Nov 10, 2025 01:04pm
@Ahmad Kamal , Witholding tax is adjustable if you are filer.
0
Imran Nov 10, 2025 07:58pm
@Ahmad Kamal , GST and WHT tobe paid by the purchaser and not by the business owner
0
Taxpayer Nov 10, 2025 09:50pm
Those are just direct taxes on salaries at source. Factor in indirect taxes and overall taxation becomes around 60%.
0