Scoopfeeds — Intelligent news, curated.
Good news for salaried class in upcoming budget
pakistan

Good news for salaried class in upcoming budget

ARY News · May 12, 2026, 7:09 PM

Key takeaways

  • The government is currently deliberating various proposals aimed at slashing income tax rates for salaried individuals for the upcoming fiscal year.
  • Federal Minister for Finance Muhammad Aurangzeb is reportedly in favor of lowering tax rates and increasing the basic tax exemption limit on the salaried class.
  • According to sources, the government intends to reallocate financial resources toward tax relief by opting not to increase government employees’ salaries and pensions.

Why this matters: local context for readers following news across Pakistan and the region.

Add ARY News on Google AAResize ISLAMABAD: The salaried class is likely to receive significant tax concessions in the Federal Budget 2026–27, as the government considers reducing the tax burden rather than increasing gross salaries, ARY News reported.

The government is currently deliberating various proposals aimed at slashing income tax rates for salaried individuals for the upcoming fiscal year.

Federal Minister for Finance Muhammad Aurangzeb is reportedly in favor of lowering tax rates and increasing the basic tax exemption limit on the salaried class.

Article preview — originally published by ARY News. Full story at the source.
Read full story on ARY News → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from ARY News alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop