Fareena K.S. Mughal
University of Toronto/Finance Director
2025 Salary
$134,230Total compensation $134,356, including $126 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#4,333University of Toronto
Years on List
52021–2025
Peak Salary
$134,2302025
Full 2025 roster at University of Toronto →·See where $134,230 ranks →
Total Compensation History
Full History
2021–2025
$102,024 in 2021 is worth about $118,307 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Finance DirectorUniversity Of Toronto | $134,230Benefits $126Total $134,356 |
| 2024 | Finance DirectorUniversity Of Toronto | $131,420Benefits $128Total $131,548 |
| 2023 | Finance DirectorUniversity Of Toronto | $113,567Benefits $118Total $113,684 |
| 2022 | Manager, Centre for Medieval StudiesUniversity Of Toronto | $104,718Benefits $114Total $104,831 |
| 2021 | Manager, Centre for Medieval StudiesUniversity Of Toronto | $102,024Benefits $117Total $102,140 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Fareena K.S. Mughal's 2025 salary of $134,230 comes to roughly $94,944 once federal and Ontario income tax (about 25.2% effective) is deducted. That is about 1% below the 2025 median of $135,194 for Director, Finance on the Sunshine List. Records under this name have appeared on the Sunshine List 5 years in all, first in 2021. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$94,944
- Effective income-tax rate (excl. CPP/EI)
- ~25.2%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.3%
- vs. 2025 Director, Finance median
- −1%
Where does $134,230 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.