Pakistan's federal government is considering decreasing the tax burden on salaried persons in the coming year's budget. This decision comes after a sharp rise in income tax collections from salaried employees. In the first seven months of the current fiscal year, income tax contributions from this sector reached PKR 285...
The fiscal year 2024-25 has brought significant changes in Pakistan's economic geography, particularly concerning income tax rates. The federal budget, unveiled by Finance Minister Muhammad Aurangzeb, introduced new measures to stabilize the economy, including a notable increase in income tax rates. Focusing on tools like the FBR income tax calculator.
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