ADVERTISEMENT
Thursday, March 12, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

Hafiz Naeem Urges Tax Exemption for Salaries Up to Rs1.44 Million in FY26 Budget

AZB Editor by AZB Editor
May 24, 2025
Hafiz Naeem-ur-Rehman announce march for the rights of Karachi
Share on FacebookShare on Twitter

KARACHI – May 24, 2025 : Amir Jamaat-e-Islami (JI) Hafiz Naeemur Rehman has called on the federal government to increase the tax exemption threshold for salaried individuals to Rs1.44 million annually — equivalent to Rs120,000 per month — in the upcoming federal budget for the fiscal year 2025-26.

Speaking at a press conference in Karachi on Saturday, the JI chief emphasized that the salaried class is already facing significant financial pressure due to inflation and rising living costs, and should not be further burdened through taxation.

Advertisements

“The government must broaden the tax base by bringing feudal landlords into the tax net instead of overburdening the working class,” Hafiz Naeem said.

He also demanded a reduction in electricity tariffs across the country, particularly in Karachi, where he criticized K-Electric for delivering the most expensive power in Pakistan.

“Load shedding in Karachi has made life unbearable for its residents. The K-Electric mafia must be held accountable,” he added, warning of a protest siege of K-Electric offices if immediate relief is not provided.

On the international front, Hafiz Naeem announced a major Gaza March to be held in Hyderabad on June 1, urging the Pakistani government to actively support the Palestinian cause.

Tax Relief for Salaried Class Likely in Budget FY2025-26

Meanwhile, government sources suggest that tax relief for the salaried class is being seriously considered in ongoing budget talks with the International Monetary Fund (IMF). According to ARY News, the Prime Minister has directed that relief measures be included for salaried individuals after tax collection from this segment exceeded expectations in the current fiscal year.

Sources indicate that income tax relief of 2.5% across all slabs is under consideration, with the tax-free annual income limit potentially being raised to Rs1 million from the current Rs600,000.

The final details are expected to be unveiled with the federal budget next month.

 

Advertisements
AZB Editor

AZB Editor

Related Posts

Are you ready to learn the skills of tomorrow and compete in the modern digital economy?
Business

Are you ready to learn the skills of tomorrow and compete in the modern digital economy?

March 12, 2026
ILMA University Honors Women’s Empowerment at International Women’s Day Celebration under NISA
Business

ILMA University Honors Women’s Empowerment at International Women’s Day Celebration under NISA

March 12, 2026
Punjab Family Planning Program’s “Behtar Qadam” Initiative Underway to Promote a ‘Nayi Soch’ for Family Wellbeing
Headline

Punjab Family Planning Program’s “Behtar Qadam” Initiative Underway to Promote a ‘Nayi Soch’ for Family Wellbeing

March 12, 2026
Türkiye welcomes its 29th Slow City as Cappadocia’s Ortahisar joins the Cittaslow network
Business

Türkiye welcomes its 29th Slow City as Cappadocia’s Ortahisar joins the Cittaslow network

March 12, 2026
Consumers Association of Pakistan Congratulates Mr. Nehal Hashmi on His Appointment as Governor of Sindh
Business

Consumers Association of Pakistan Congratulates Mr. Nehal Hashmi on His Appointment as Governor of Sindh

March 12, 2026
Distinguished Washington, D.C. Delegation Visits Mujtaba House, Clifton NJ at Iftar
Headline

Distinguished Washington, D.C. Delegation Visits Mujtaba House, Clifton NJ at Iftar

March 12, 2026
New Feeder Service to Serve Karachi Gateway Terminal Strengthens Maritime  Connectivity Between Pakistan and the UAE
Business

New Feeder Service to Serve Karachi Gateway Terminal Strengthens Maritime Connectivity Between Pakistan and the UAE

March 12, 2026
Eid Ka Perfect Gift: OPPO A6k Launches with Lucky Draw and a Chance to Win a Car
Business

Eid Ka Perfect Gift: OPPO A6k Launches with Lucky Draw and a Chance to Win a Car

March 12, 2026
vivo Unveils the Y11d: A 6500mAh Powerhouse with 44W FlashCharge and IP65 Dust and Water Resistance
Business

vivo Unveils the Y11d: A 6500mAh Powerhouse with 44W FlashCharge and IP65 Dust and Water Resistance

March 12, 2026
tapmad Secures Exclusive SVOD Rights in Pakistan and Global Digital VOD Rights for PSL Highlights and Clips
Business

tapmad Secures Exclusive SVOD Rights in Pakistan and Global Digital VOD Rights for PSL Highlights and Clips

March 12, 2026
Next Post
Australian Dollar Holds Steady at 180.17 PKR – May 24, 2025

Australian Dollar Holds Steady at 180.17 PKR – May 24, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

NAASAA aims to promote Pakistani talent worldwide.

Industrialist Danial Baweja hosted dinner in the honor of visiting delegation of Swiss Global Enterprises, Switzerland.

Pau-Pau: foodpanda unveils first-of-its-kind brand ambassador to champion empowerment and sustainability

Who invented paper? Ancient China and the history of paper

Water, sanitation improvements to strengthen safety in public health facilities

Must Read

YAP Pakistan partners with Bank Alfalah to launch B2B financial services
Headline

YAP Pakistan partners with Bank Alfalah to launch B2B financial services

September 10, 2022
President RCCI met Builders and Realtors Delegation led by AAA Associates
Headline

President RCCI met Builders and Realtors Delegation led by AAA Associates

October 15, 2021
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.