salary Archives - Page 2 of 4

FBR Declines to Revise Tax Exemption on Salary Threshold

October 25, 2023October 26, 2023Shahnawaz Akhter

Islamabad, October 25, 2023 – The Federal Board of Revenue (FBR) has officially declared that it has no intentions to revise the current tax exemption threshold for salaried individuals, putting an end to speculation surrounding potential changes in tax policy.

ABHI Pakistan Empowers Employees through Earned Wage Access

August 22, 2023August 22, 2023Shahnawaz Akhter

Karachi, August 22, 2023 – ABHI Pakistan, the nation’s pioneering embedded finance platform, is revolutionizing financial empowerment in Pakistan with a suite of innovative financial solutions. These include Earned Wage Access, Invoice Factoring, and Payroll Solutions.

Salary Taxation in Pakistan: FBR Issues Updated Guidelines

August 21, 2023August 21, 2023Shahnawaz Akhter

Islamabad, August 21, 2023 – The Federal Board of Revenue (FBR) in Pakistan has recently released an updated structure of taxation on salary income, with the new regulations coming into effect on July 1, 2023.

Government Extends 35% Increase in Salary to Corporation Employees

August 3, 2023August 3, 2023Mrs. Anjum Shahnawaz

Islamabad, August 3, 2023 – In a significant move, the federal government has extended the 35 percent increase in salary, previously announced for all federal government employees in the budget 2023-24, to employees of autonomous and semi-autonomous bodies as well as corporations.

Government Employees in Pakistan Granted Salary Increase of up to 35%

July 6, 2023July 6, 2023Mrs. Anjum Shahnawaz

Islamabad, July 6, 2023 – In a major development, the President of Pakistan has approved a substantial salary increase of up to 35 percent for government employees. The finance ministry issued a notification outlining the details of this salary raise.