pension Archives - Pkrevenue.com

Government scraps pension rules on re-employment, withdraws recent notifications

December 18, 2025December 18, 2025Mrs. Anjum Shahnawaz

Islamabad, December 18, 2025 – In a significant policy reversal, the federal government has withdrawn recent notifications regulating pension entitlement during re-employment, scrapping decisions introduced earlier this year on how retired officials could receive salary and pension simultaneously.

Overseas Pakistani pensioners to get speedy pension payments

November 23, 2025April 12, 2026Mrs. Anjum Shahnawaz

Islamabad, November 23, 2025: The Ministry of Finance, in collaboration with the Controller General of Accounts (CGA) and the Accountant General Pakistan Revenues (AGPR), has launched initiatives to improve pension disbursements for overseas Pakistani retirees, the Associated Press of Pakistan reported.

Karachi University hosts seminar on tax filing, pension reforms

October 7, 2025October 7, 2025Shahnawaz Akhter

Karachi, October 7, 2025 – The University of Karachi hosted an informative seminar titled “Impacts of Income Tax Filing and Amendments in Pension Rules” at the Karachi University Business School Auditorium on Tuesday.

Govt notifies contribution pension fund rules

October 5, 2025October 5, 2025Mrs. Anjum Shahnawaz

Islamabad, October 5, 2025 – The federal government has formally notified the Federal Government Defined Contribution Pension Fund Scheme Rules, 2024, introducing a major structural reform in the country’s retirement system.

Finance ministry notifies 7% pension hike for federal retirees

July 8, 2025July 8, 2025Mrs. Anjum Shahnawaz

Islamabad, July 8, 2025 — The Finance Ministry has officially notified a 7% increase in pension for retired federal government employees, effective from July 1, 2025. This latest decision comes as part of the government’s commitment to support old-age citizens in managing rising inflation and living expenses.

Tax and surcharge on pension income to apply from FY 2025-26

June 30, 2025June 30, 2025Shahnawaz Akhter

Karachi, June 30, 2025 – The Finance Act, 2025 has introduced a significant amendment by bringing pension income under the tax net, imposing both tax and surcharge on high-value pension receipts starting from the fiscal year 2025-26.

Pension incomes above Rs10 million to face tax in FY26

June 11, 2025June 11, 2025Shahnawaz Akhter

Karachi, June 11, 2025 – In a significant fiscal development, the federal government has proposed an income tax on pension income exceeding Rs10 million annually as part of the Finance Bill, 2025.

Government raises 10% salary, 7% pension in budget 2025-26

June 10, 2025June 10, 2025Shahnawaz Akhter

In a significant move aimed at providing financial relief to public sector employees and retirees, the federal government has proposed a 10% increase in the salary of government employees and a 7% hike in pensions in the Budget for the fiscal year 2025-26.

ICMAP Recommends 10% Tax on High-Income Pensioners

April 19, 2025April 19, 2025Shahnawaz Akhter

Karachi, April 19, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has put forward a significant tax reform proposal, calling for the imposition of a 10% tax on high-income pensioners as part of its budget recommendations for the fiscal year 2025-26.

Federal Employees Get Salary, Pension on March 27 for Eid ul Fitr

March 24, 2025March 24, 2025Mrs. Anjum Shahnawaz

Islamabad, March 24, 2025 – The federal government has officially confirmed that salary and pension payments for March 2025 will be released on March 27, ahead of the Eid ul Fitr celebrations. This decision aims to provide financial ease to government employees and pensioners so they can prepare for the festival without monetary stress.

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