Budget 2025-26: How much tax will be deducted from your salary now?
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ISLAMABAD (Web Desk): The federal government has proposed changes to income tax slabs in the 2025-26 budget.

A 2.5% tax has been proposed on income above Rs600,000 for people with an annual income of Rs600,000 to Rs1.2 million.

For people with an annual income of more than Rs1.2 million and less than Rs2.2 million, a fixed tax of Rs6,000 and 11 percent on income above 1.2 million.

For annual incomes of more than Rs2.2 million and less than Rs3.2 million rupees, a fixed tax of Rs116,000 and 23 percent will be levied on the amount above Rs2.2 million.

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For annual income of more than Rs3.2 million and less than Rs4.1 million, it has been proposed to impose tax of 30 percent on incomes between Rs 3.2 million and Rs 4.1 million annually, and a fixed tax of Rs346,000.

For people with salaries exceeding Rs4.1 million, 35 percent tax is proposed on income exceeding Rs4.1 million and Rs 616,000 would be a fixed tax.