Salaried Income Tax Relief Planned for Some
• Those earning between Rs230,000-Rs341,000 per month likely to get some relief; maximum tax rate expected to be lowered from 35pc to 30pc • Rs660bn to Rs700bn in fresh tax measures planned, including enforcement and new levies • Govt targets Rs15.3tr FBR revenue in FY2026-27 ISLAMABAD: Significant relief is planned for salaried individuals earning between Rs230,000 and Rs341,000 a month in the upcoming budget, but a large segment of those making between Rs100,000 and Rs183,0
The upcoming budget is set to introduce tax relief for salaried individuals earning between Rs230,000 and Rs341,000 monthly. This segment may see their maximum income tax rate reduced from 35% to approximately 30%.
However, those earning between Rs100,000 and Rs183,000 per month are not expected to experience any changes in their tax obligations. The government plans to implement fresh tax measures totaling Rs660 billion to Rs700 billion, aiming for a Federal Board of Revenue revenue target of Rs15.3 trillion for fiscal year 2026-27.
These adjustments aim to provide financial relief to a specific group of taxpayers while the government pursues ambitious revenue collection targets, potentially impacting fiscal policy and individual financial planning.
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