What did the budget change for salaried workers?
Our latest report is from 10 June 2025, on the budget the federal government tabled that day for the upcoming fiscal year, and things may have moved since. It proposed cutting income tax for salaried workers: monthly salaries up to Rs50,000 would be exempt, and those between Rs51,000 and Rs100,000 would pay 1% [1].
For monthly pay of Rs100,001 to Rs183,000, the rate was to fall from 15% to 11%. For Rs183,001 to Rs266,000, it was to fall from 25% to 23% [1]. On an annual basis, someone earning Rs1.2 million was to pay Rs6,000 instead of Rs30,000. Incomes up to Rs2.2 million were to move from 15% to 11%, and the Rs2.2 to Rs3.2 million range from 25% to 23% [1].
We don’t have a report on whether these slabs were passed unchanged, or on any later budget.
Not settled yet
Whether the slabs were passed as tabled, and whether a later budget has changed them. Our latest report is from 10 June 2025.
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