Topic

Salaried class tax

Salaried class: WHT collection boosted by higher tax rates: AGP

Updated 22 Sep, 2025 09:24am

ISLAMABAD: Auditor General of Pakistan (AGP) has analysed that the increase in withholding tax collection was mainly...

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

Updated 10 Jun, 2025 10:42pm

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

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

Updated 29 May, 2025 11:28pm

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

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

Updated 22 May, 2025 10:55pm

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

‘Salaried class can expect some relief in upcoming budget’

Updated 20 May, 2025 09:10am

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

IMF talks begin today

Updated 14 May, 2025 09:22am

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

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

Updated 10 May, 2025 04:48pm

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

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

Updated 02 May, 2025 09:03am

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

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

Updated 15 Nov, 2024 02:54pm

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

Salaried class: Govt explains how tax burden can be lessened

Updated 15 Nov, 2024 02:55pm

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

Tax revenue conundrum

Updated 09 Sep, 2024 07:47am

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

Tax burdens and fiscal discipline

Published 04 Sep, 2024 07:06am

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

Tajir Dost Scheme: unfriendly response?

Updated 15 Aug, 2024 06:56am

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

FTO concerned about not allowing tax credit to salaried class

Updated 14 Aug, 2024 10:12am

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

Simply unrealistic

Updated 05 Aug, 2024 06:58am

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

The fast-eroding trust of taxpayers

Updated 29 Jul, 2024 07:06am

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

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

Published 27 Jul, 2024 06:16am

A comparison...

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

Updated 26 Jul, 2024 05:10pm

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

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

Updated 25 Jul, 2024 11:38pm

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

Dr Gohar Ejaz urges govt to provide relief to salaried class

Updated 05 Jul, 2024 04:45pm

Former caretaker minister also advocates lowering key interest rate

Experts say Pakistan budget massively negative for struggling healthcare sector

Updated 02 Jul, 2024 05:58am

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

Aurangzeb says empathises with salaried class

Updated 02 Jul, 2024 09:24am

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

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

Updated 01 Jul, 2024 07:03pm

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

New taxation steps come into effect today

Updated 01 Jul, 2024 09:23am

Government enforces new taxation measures of Rs1.761 trillion

Finally, the salaried class has spoken

Updated 29 Jun, 2024 07:09am

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

Senate panel rejects increased tax on salaried class

Updated 25 Jun, 2024 09:42am

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

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

Updated 22 Jun, 2024 03:42pm

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

Govt assailed for further taxing the salaried class

Updated 22 Jun, 2024 02:10pm

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

FBR issues increased income tax slabs for salaried class

Updated 26 Jun, 2023 09:17am

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

Salaried class tax structure: govt in a fix

Updated 15 Jun, 2022 09:58am

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

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

Salaried class tax

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