Government of the Punjab, Finance Division issued a Notification on 19-08-2024 in connection with the Revised Employment, Pension, and Salary Financial Assistance Package Punjab 2024. These amendments are for the packages for the family of the Government employees who die while in service.
Employee Services
Notification Determination of Seniority of Teachers on Regularization KP
The Directorate Elementary & Secondary Education Khyber Pakhtunkhwa, Peshawar issued a Notification on 13-08-2024 in connection with the Determination of the Seniority of Teachers on Regularization KP. The details are as follows:
Notification Changes in Tax Rates 2024-25 for Salaried Persons
Inland Revenue, Office of the inland Revenue Officer Withholding Taxes Unit – 02 Regional Tax Officer, Bahawalpur issued a Notification regarding Changes in Income Tax Rates 2024-25 for Salaried Persons. The details are as follows:
Expected Income Tax Slabs 2024-25 and Difference of Old and New Tax (Employees)
Download Income Tax Slabs and Tax CalculationsI have prepared the Income Tax Calculations 2024-25 and 2023-24 with the help of old Income Tax Slabs and new expected I. Tax slabs. All these calculations depend on the approval of new tax rates with effect from 1st July 2024 as per Budget Speech 2024-25. Still, we are calculating on the basis of the budget speech Copy 2024-25 Federal of the Finance Minister. These calculations are not yet final. However, After approval, these will take effect from 1st July 2024. The Government may make some amendments to it.
Latest Income Tax Calculator 2024-25 for Salaried Persons
I am sharing the Income Tax Calculator 2024-25 for Salaried Persons. This calculator to calculate income tax on salary is effective from 1st July 2024. The employees can easily calculate their monthly and annual tax on their salaries. The details are as follows:
Proposal of 1% to 5% Tax on Pension in Budget 2024-25
There is a Proposal of 1% to 5% Tax on Pension in Budget 2024-25. However, this tax on pension will not be for all pensioners. There is a proposal to fix the range to impose a tax on pensions. The details are as follows:
Notification Group Life Insurance Policies for Government Retired Employees / Pensioners
Government of Sindh, Finance Department issued a Notification on 27-05-2024 in connection with Group Life Insurance Policies for Government Retired Employees / Pensioners. The details are as follows: