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Pakistan Budget 2025: Tax Relief for Salaried Class,property Boost & Key Changes
Islamabad,Pakistan – Pakistan’s Finance Minister Muhammad Aurangzeb unveiled the federal budget for the fiscal year 2025-26 today,outlining a plan for 4.2% GDP growth and a substantial tax collection target of PKR 14.131 trillion. The budget, presented amidst opposition protests, focuses heavily on providing relief to the country’s salaried class, stimulating the property market, and reforming the pension system.Here’s a breakdown of the key announcements and what they mean for you.
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Tax Relief for Pakistan’s Salaried Workers
A central theme of the budget is easing the financial burden on Pakistan’s working population. Recognizing the growing concern of “brain drain” – the emigration of skilled workers – the government has implemented significant income tax reductions across all income slabs.
“We are aware that our workforce is facing the highest taxes in the region,” stated aurangzeb. “This move reflects our commitment to make taxes fairer and reduce the burden
