The Local Government Pensioners Association has issued a deadline of October 10 for the Capital Metropolitan Government to clear all outstanding pension payments. Failure to do so will result in the pensioners establishing a protest camp at the Metropolitan Office in Bacha Khan Chowk starting Monday, October 13. The association leadership declared the camp will […]
pensioners
Govt eyes Rs600bn in new taxes: YouTubers, freelancers, pensioners & more in FY26 budget net
Islamabad – The Pakistan government is preparing to bring major changes in the upcoming federal budget for 2025-26, including new taxes targeting freelancers, YouTubers, and pensioners. A research report by Topline Securities suggests the government is aiming to collect an additional Rs500–600 billion in taxes to meet IMF targets. To achieve a projected revenue collection […]
Pakistan plans major tax reforms for salaried class and pensioners ahead of IMF talks
Pakistan is considering key changes in its tax policy for the upcoming budget of fiscal year 2025-26. The Federal Board of Revenue (FBR) plans to increase the annual tax exemption limit for salaried individuals from Rs600,000 to possibly Rs1,000,000 or Rs1,200,000. These proposals come ahead of the International Monetary Fund (IMF) mission’s visit on May […]