loader image

Salaried Pakistanis Pay Nearly Three Times More Tax Than Real Estate Sector

Islamabad: Pakistan’s salaried class paid Rs144 billion in income tax during July–September 2026, according to provisional FBR figures reported on October 7. This was Rs13.4 billion, or 10.2%, higher than the same period last year.

By comparison, the real estate sector contributed Rs35.2 billion and wholesalers and retailers paid Rs18.4 billion, taking their combined contribution to roughly Rs54 billion. That means salaried taxpayers paid about 2.7 times as much as the two sectors combined.

Real estate income-tax receipts fell 38% year-on-year after advance tax rates on property transactions were reduced. Tax collected on property sales declined 42% to Rs23 billion, while collections on purchases dropped 31% to Rs12.2 billion.

The annual income-tax contribution from salaried individuals has risen from Rs391 billion before the IMF programme to Rs629 billion in the fiscal year ending June 2026. The FY2026-27 budget included an estimated Rs52 billion in salary-tax relief, including lower rates for some slabs

Leave a Reply

Your email address will not be published.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

Related News

Lahore: Punjab Chief Minister Maryam Nawaz Sharif has digitally inaugurated Livestock Card Phase II, expanding interest-free financing support for livestock farmers across the province. Under

....

Lahore: Dara Chahar Bagh is being positioned as a strategically connected development within RUDA’s wider Chahar Bagh district, with access through Bhaini Road, Lahore Ring

....

Lahore: Development activity is progressing in New Lahore City Phase III, Block B, where road formation and other site works are moving ahead across key

....