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Salaried class tax

Budget 2025-26: Pakistan govt offers tax relief to salaried class, but representatives unhappy

In a move to ease the tax burden on the working population, Finance Minister Muhammad Aurangzeb has announced cuts...

Updated 10 Jun, 2025 10:42pm

Pakistan

‘Pakistan salaried class paid 5 times more taxes than exporters, retailers in outgoing FY25’

Pakistan salaried people’s contribution to the tax net was projected to be five times higher than that of the...

Updated 29 May, 2025 11:28pm

Pakistan

Budget FY26: govt to continue fiscal consolidation, follow IMF guidelines, says Topline

The government is likely to continue fiscal consolidation in the upcoming budget and is expected to closely align...

Updated 22 May, 2025 10:55pm

Budget 2025-26

‘Salaried class can expect some relief in upcoming budget’

KARACHI: Chief Commissioner Inland Revenue, Large Taxpayers Office (LTO) Karachi, Zubair Bilal has stated that the...

Updated 20 May, 2025 09:10am

Budget 2025-26

IMF talks begin today

Discussions will focus on budgetary framework, including proposed revenue targets and expenditure estimates

Updated 14 May, 2025 09:22am

Budget 2025-26

Federal budget 2025-26: Cut in taxation rates for salaried people likely

Relief measures include at least 2.5% reduction in income tax slabs

Updated 10 May, 2025 04:48pm

Budget 2025-26

Earning below Rs1 million annually: KTBA proposes tax exemption for salaried people

KARACHI: Karachi Tax Bar Association (KTBA) has proposed to exempt income tax from the salaried class earning below...

Updated 02 May, 2025 09:03am

Mini-budget: Minister says ‘it will be premature to comment’

ISLAMABAD: Minister of State for Revenue Ali Pervez Malik said Thursday that it would be premature to comment...

Updated 15 Nov, 2024 02:54pm

Salaried class: Govt explains how tax burden can be lessened

Will reduce tax burden on salaried class and withdraw tax on milk if FBR is able to recover Rs 300 billion to Rs 350 billion of tax evasion from non-duty paid and smuggled cigarettes

Updated 15 Nov, 2024 02:55pm

Editorials

Tax revenue conundrum

EDITORIAL: As expected, the FBR (Federal Board of Revenue) is falling short of ambitious revenues targets in an...

Updated 09 Sep, 2024 07:47am

Opinion

Tax burdens and fiscal discipline

After an inflation-ridden Fiscal Year 2023-24 (“FY24”), wherein the average inflation for the FY24 was 23.4%,...

Published 04 Sep, 2024 07:06am

Editorials

Tajir Dost Scheme: unfriendly response?

EDITORIAL: A Business Recorder exclusive has revealed that 58,000 out of 3.2 million small traders/shopkeepers have...

Updated 15 Aug, 2024 06:56am

FTO concerned about not allowing tax credit to salaried class

ISLAMABAD: Federal Tax Ombudsman (FTO) has expressed serious concern that the current withholding procedure of tax...

Updated 14 Aug, 2024 10:12am

Editorials

Simply unrealistic

EDITORIAL: It seems everybody but the government understands that this fiscal year’s tax regime is not only...

Updated 05 Aug, 2024 06:58am

Editorials

The fast-eroding trust of taxpayers

EDITORIAL: A multitude of tax revenue measures introduced in the FY25 budget are unraveling piece by piece. The...

Updated 29 Jul, 2024 07:06am

Business & Finance

Pakistan’s incidence of tax on salaried class 3 times higher than India’s: PBC

A comparison...

Published 27 Jul, 2024 06:16am

Pakistan

PBC apologies for mistake, now says Pakistan’s salaried class paying up to 3 times more tax than in India

After posting a detailed chart showing how Pakistan’s salaried class is paying up to 9.4 times more tax than in...

Updated 26 Jul, 2024 05:10pm

Despite Rs2.5tr expected surplus profit from SBP: ‘Fiscal space’ continues to elude Pakistan

KARACHI: Despite the government estimating a surplus profit from the State Bank of Pakistan (SBP) at a record Rs2.5...

Updated 25 Jul, 2024 11:38pm

Pakistan

Dr Gohar Ejaz urges govt to provide relief to salaried class

Former caretaker minister also advocates lowering key interest rate

Updated 05 Jul, 2024 04:45pm

Pakistan

Experts say Pakistan budget massively negative for struggling healthcare sector

KARACHI: Pharmaceutical industry experts have expressed concerns regarding the recent taxation changes in Pakistan,...

Updated 02 Jul, 2024 05:58am

Aurangzeb says empathises with salaried class

KARACHI: Finance Minister Muhammad Aurangzeb has said the government will provide relief to the salaried class at...

Updated 02 Jul, 2024 09:24am

Pakistan

We understand the pain, will provide relief to salaried class at first opportunity we get: Aurangzeb

Finance Minister Muhammad Aurangzeb has said that the government will provide relief to the salaried class at the...

Updated 01 Jul, 2024 07:03pm

New taxation steps come into effect today

Government enforces new taxation measures of Rs1.761 trillion

Updated 01 Jul, 2024 09:23am

Opinion

Finally, the salaried class has spoken

In the first of its kind, the salaried segment of the Pakistani society has decided to go public with their...

Updated 29 Jun, 2024 07:09am

Senate panel rejects increased tax on salaried class

ISLAMABAD: The upper house of the parliament, Monday, adopted the report of its finance panel containing...

Updated 25 Jun, 2024 09:42am

Pakistan

Govt to see if it can ‘protect’ Pakistan’s salaried class further, says Aurangzeb

Finance minister says additional taxes could have been imposed, but salaried class was 'protected'

Updated 22 Jun, 2024 03:42pm

Govt assailed for further taxing the salaried class

Lawmakers say imposition of such heavy taxes may lead to an acceleration of brain drain from the country

Updated 22 Jun, 2024 02:10pm

FBR issues increased income tax slabs for salaried class

ISLAMABAD: The new income tax slabs for the salaried class under the amended Finance Bill 2023 revealed that higher...

Updated 26 Jun, 2023 09:17am

Budget 2022-23

Salaried class tax structure: govt in a fix

ISLAMABAD: The government is in a fix to either heavily tax the salaried class under the amended Finance Bill, 2022...

Updated 15 Jun, 2022 09:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 10	284.76
USD PKR Interbank Buying / Jul 10	284.56
USD to Japanese Yen / Jul 11	146.81
USD to Swiss Franc / Jul 11	0.80
Pound Sterling to USD / Jul 11	1.36
Euro to USD / Jul 11	1.17
UK LIBOR % / Jul 9	4.96

Stock	Volume
S&P 500 / Jul 10	6,280.46
Nasdaq / Jul 10	20,630.66
FTSE 100 / Jul 10	8,975.66
Dow Jones / Jul 10	44,650.64
Germany DAX 30 / Jul 10	24,456.81
France CAC40 / Jul 10	7,902.25
India Sensex / Jul 11	82,511.45
Tokyo Nikkei / Jul 11	39,569.68
Hang Seng / Jul 11	24,193.74

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 10	16,585
Gold 10 Grams PKR / Jul 10	304,098
Crude Oil USD/Barrel / Jul 11	67.08
Gold Spot USD/Ounce / Jul 11	3,339.24
Cotton US¢/pound / Jul 11	67.70
Petrol/Litre / Jul 12	266.79
Diesel/Litre / Jul 12	272.98

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jul 11 First IBL Modaraba(FIBLM)	6.60 ▲ 1 (17.86%)
Premier Insurance / Jul 11 Premier Insurance Limited(PINL)	9.30 ▲ 1 (12.05%)
Pak. P.V.C. / Jul 11 Pakistan PVC Limited(PPVC)	11.39 ▲ 1.04 (10.05%)
Sally Textile / Jul 11 Sally Textile Mills Limited(SLYT)	12.73 ▲ 1.16 (10.03%)
Gammon Pak / Jul 11 Gammon Pakistan Limited(GAMON)	27.57 ▲ 2.51 (10.02%)
J.A.Textile / Jul 11 J.A. Textile Mills Limited(JATM)	32.74 ▲ 2.98 (10.01%)
Invest Bank / Jul 11 Invest Capital Investment Bank Limited(ICIBL)	13.64 ▲ 1.24 (10%)
Pakistan Cables / Jul 11 Pakistan Cables Limited(PCAL)	178.87 ▲ 16.26 (10%)
S.S.Oil / Jul 11 S.S.Oil Mills Limited(SSOM)	918.24 ▲ 83.48 (10%)
National Silk / Jul 11 The National Silk & Rayon Mills Limited(NSRM)	160.63 ▲ 14.6 (10%)

Stock	Price
Trust Mod. / Jul 11 Trust Modaraba(TRSM)	7.72 ▼ -1 (-11.47%)
Gatron Ind. / Jul 11 Gatron (Industries) Limited(GATI)	167.13 ▼ -18.57 (-10%)
Beco Steel Ltd / Jul 11 Beco Steel Limited(BECO)	26 ▼ -2.89 (-10%)
Kohinoor Mills / Jul 11 Kohinoor Mills Limited(KML)	81.20 ▼ -9.01 (-9.99%)
J.K.Spinning / Jul 11 J.K. Spinning Mills Limited(JKSM)	113.26 ▼ -12.41 (-9.88%)
EMCO Industries / Jul 11 Emco Industries Limited(EMCO)	40.89 ▼ -3.86 (-8.63%)
B. F. Modaraba / Jul 11 B.F. Modaraba(BFMOD)	10.31 ▼ -0.94 (-8.36%)
Apna Microfin. / Jul 11 Apna Microfinance Bank Limited(AMBL)	11.96 ▼ -1.06 (-8.14%)
First Treet Manuf / Jul 11 First Treet Manufacturing Modaraba(FTMM)	19.66 ▼ -1.71 (-8%)
Kohat Textile / Jul 11 Kohat Textile Mills Limited(KOHTM)	80.99 ▼ -6.54 (-7.47%)

Stock	Volume
B.O.Punjab / Jul 11 The Bank of Punjab(BOP)	94,039,248 ▲ 0.06
Aisha Steel Mill / Jul 11 Aisha Steel Mills Limited(ASL)	24,816,886 ▲ 0.43
Kohinoor Spining / Jul 11 Kohinoor Spinning Mills Limited(KOSM)	23,497,446 ▼ -0.21
WorldCall Telecom / Jul 11 Worldcall Telecom Limited(WTL)	22,553,486 ▼ -0.04
Hascol Petrol / Jul 11 Hascol Petroleum Limited(HASCOL)	19,016,666 ▼ -0.12
Azgard Nine / Jul 11 Azgard Nine Limited(ANL)	18,507,753 ▼ -0.28
Dewan Motors / Jul 11 Dewan Farooque Motors Limited(DFML)	18,340,550 ▲ 0.76
Pak Elektron / Jul 11 Pak Elektron Limited(PAEL)	15,874,245 ▲ 1.24
Image Pakistan / Jul 11 Image Pakistan Limited(IMAGE)	15,512,673 ▲ 0.89
Fauji Cement / Jul 11 Fauji Cement Company Limited(FCCL)	14,317,455 ▲ 0.48

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Salaried class tax

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