Income Tax
Senate Blocks 18% Tax on Solar Panels in Budget Review
The Senate of Pakistan has officially rejected the proposed 18% tax on solar panels, along with new taxes on homeopathic products, stationery, and increased tariffs…
PM clarifies income tax rate for low-income salaried class, New Lower rate confirmed
ISLAMABAD: Prime Minister Shehbaz Sharif clarified on Wednesday that the income tax rate for salaried individuals earning between Rs600,000 and Rs1.2 million annually has been…
Government Proposes Income Tax Relief for Salaried Class
To reduce the financial burden on the salaried class and foster economic stability, the government has proposed significant reductions in income tax rates across all…
10% Salary Increase for Govt Employees Unlikely in Budget ( Now Approved)
ISLAMABAD: ( Updated) A 10% salary increase for government employees in the upcoming Budget for 2025–26 now seems unlikely. Government sources indicate that the raise…
Inflation-Adjusted Salary Hike Expected in Budget 2025-26
ISLAMABAD: An inflation-adjusted salary hike is expected in the upcoming federal budget for 2025-26 to support the salaried class amid rising inflation. Simultaneously, the government…
Real-Time Integration Helps FBR Secure 3.6M Taxpayers
ISLAMABAD: The Federal Board of Revenue (FBR) has started a new system that combines real-time data from machines with the National Database and Registration Authority…
[UPDATED] – Government is NOT considering 15 percent tax on online earnings like freelancing and YouTube content creation
Update: TechJuice has been reached out by a representative of the Government of Pakistan who has clarified that no such tax is going to be…
Only 29% NTN holders filed for income tax in 2016
Activities at the Federal Board of Revenue (FBR) are in full swing as the deadline of income tax filing is coming near. Read also: How…
How Salaried Employees can file Income Tax in Pakistan
As the date is coming near to file tax returns, everyone is hiring consultants to help them in the entire process. This year some will…
