Income Tax Collection from Salaried Class Rises 21% to Rs85 Billion in Early FY26
Pakistan’s salaried individuals contributed Rs85 billion in income tax during the first two months of FY26, a 21% increase from last year. Provisional FBR data shows stronger collections from corporate and non-corporate employees, though new levies on wealthy pensioners brought in limited revenue.
Early Gains at PSX Reflect Renewed Confidence Amid Global Volatility
The KSE-100 Index gained over 650 points in early trade on Monday, driven by sector-wide buying interest and optimism following the federal budget, despite global market volatility and regional tensions.