Month: May 2025

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Salaried Class Alliance Demands Relief in Finance Budget 2025-2026

News Desk May 29, 2025 0

The Salaried Class Alliance of Pakistan (SCAP) has called on the government to provide immediate relief to the salaried segment in the upcoming Finance Budget 2025-2026, citing disproportionately high tax burdens, rising inflation, and worsening economic conditions.   According to the Alliance, salaried individuals—comprising government and private employees including professionals in media, banking, education, and corporate sectors—are the only segment paying its due share of income tax, without any adjustment, in Pakistan. Despite this, they have borne the brunt of recent fiscal policies, including increased slab rates and a 10% surcharge on higher incomes, introduced in the last budget. “The middle class has been crushed. While inflation has doubled in the past three years, the minimum taxable income threshold remains stuck at Rs. 50,000 per month,” the SCAP stated. The Alliance warned that continued neglect of this segment is contributing to the country’s worsening brain drain. Emigration of skilled and educated professionals reportedly surged by 119% over the past year, with heavy taxation cited as a key factor.   Moreover, the SCAP pointed to structural tax inequalities: ·          In FY2025, salaried individuals are estimated to contribute more than Rs. 550 billion in taxes, compared to only Rs. 100 billion collectively paid by exporters and retailers. ·          The agriculture sector, contributing nearly 20% of GDP, contributes less than 1% in tax revenue. ·          Some landlords and privileged groups enjoy vast exemptions, while wage earners face tax rates as high as 35% with...

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