Islamabad (HRNW)- The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed a reduction in income tax rates for the salaried class in the upcoming federal budget for 2026-27.
According to reports, the FPCCI has submitted its budget recommendations to the Ministry of Finance, including several proposals aimed at providing relief to taxpayers and boosting economic activity.
Among the key recommendations, the FPCCI suggested reducing the maximum income tax rate for the salaried class by 5 percent, bringing it down from 35 percent to 30 percent in order to ease the financial burden on working individuals amid rising inflation and living costs.
The business community has urged the government to introduce people-friendly economic measures in the upcoming budget to support both taxpayers and the broader economy.
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