As per the news, the Salaried Persons Paid the Most Tax in 1st quarter of the current financial year, Rather Than Retailers, Wholesalers, and Exporters (News). The employees/workers paid nearly double the tax as compared to wholesalers, retailers, and exporters. The details are as follows:
Tax & Finance
Notification Stoppage of income tax relief for teachers & Researchers
I am sharing the latest Notification stoppage of income tax relief for teachers & Researchers. The teachers and researchers had relief from their income tax. But now they have no more relief. The details are as follows:
Notification Revised Income Tax 2025-26 for Salaried Persons (Employees)
Government of Pakistan, Inland Revenue Service Unit-IV Withholding Zone issued a Notification on 08-07-2025 in connection with Revised Income Tax Rates 2025-26 for Salaried Persons. The details are as follows:
Approval of New Income Tax Slabs for 2025-26 (News)
I am sharing the latest News updates of Approval of the New Income Tax Slabs for 2025-26. The National Assembly has approved the Income Tax Slabs for the salaried persons. These new income tax rates are effective for the fiscal year 2025-2026. The details are as follows:
Proposal of Relief in Income Tax in Salaries @ 2.5% in all Slabs in Budget 2025-26 (News)
I am sharing the latest news updates of Proposal of Relief in Income Tax in Salaries @ 2.5% in all Slabs in Budget 2025-26. As per the Dunya Newspaper, there is a proposal for the Government employees to have a relaxation of 2.5% income tax in each slab.
Notification 25% Rebate to Teachers on Income Tax (2025)
Federal Tax Ombudsman Secretariat Islamabad issued a Notification on 21-04-2025 in connection with a 25% Rebate to Teachers on Income Tax. Now the teachers will have to deduct 75% of the total income tax applicable on their gross salary. 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: