pakistan
FPCCI proposes tax relief for salaried class in budget 2026-27
Key takeaways
- Among the key recommendations is a proposal to reduce income tax rates for the salaried class by five per cent, lowering the maximum tax rate from 35 per cent to 30 per cent.
- The FPCCI has also proposed abolishing the nine per cent surcharge imposed on salaried taxpayers and increasing the non-taxable income threshold from Rs600,000 to Rs1.2 million annually.
- FPCCI President Atif Ikram Sheikh said the country’s IT exports could increase from $3.8 billion to $10 billion if supportive policies were maintained.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has submitted a series of proposals to the Ministry of Finance for the budget 2026-27, including major tax relief measures for salaried individuals and businesses.
Among the key recommendations is a proposal to reduce income tax rates for the salaried class by five per cent, lowering the maximum tax rate from 35 per cent to 30 per cent.
The FPCCI has also proposed abolishing the nine per cent surcharge imposed on salaried taxpayers and increasing the non-taxable income threshold from Rs600,000 to Rs1.2 million annually.
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