Teachers and Salaried Class Set to Receive Income Tax Relief in Upcoming Budget: FBR Chairman

Senate Committee Recommends these new suggestions on Tax Exemptions

Islamabad: On May 29, 2025, the Senate Standing Committee on Finance and Revenue, under the leadership of Senator Saleem Mandviwalla, addressed several financial and trade matters. A major point of discussion was the Income Tax (Second Amendment) Bill 2025, which was approved by the committee. A significant concern raised was the withdrawal of tax exemptions for salaried individuals, particularly teachers, leading to substantial salary deduction…

SCAP seeks tax relief for salaried class in budget 2025-26

May 29, 2025 (MLN): The Salaried Class Alliance of Pakistan (SCAP) has called on the government to provide immediate relief to the salaried segment in the upcoming Finance Budget 2025-2026, citing disproportionately high tax burdens, rising inflation, and worsening economic conditions. According to the Alliance, salaried individuals—comprising government and private employees, including professionals in media, banking, education, and corporate s…

Teachers and salaried class set to receive income tax relief in upcoming budget: FBR Chairman

In a major development aimed at providing financial relief to key segments of the population, Federal Board of Revenue (FBR) Chairman Mubeen Arif announced that teachers across Pakistan will be eligible for an income tax rebate starting from the next fiscal year. This announcement was made during a session of the National Assembly’s Standing Committee on Finance. Chairman Arif explained that the rebate for teachers had previously been overlooked…