Pakistan Unveils Budget with Tax Breaks for Salaried Class and Businesses

Budget offers tax break to salaried class, businesses

• Income tax rates reduced for salaried individuals earning between Rs2.2m and Rs7m annually; 35pc slab threshold raised to Rs7m ISLAMABAD: The gover­nment has unveiled a sweeping package of tax and tariff reforms, offering relief to higher-income salaried individuals and businesses by rationalising income tax, sales tax, and customs duties, while promoting documentation, digital compliance, and investment. The measures are designed to ease the burden on households and enterprises while targe...

By none@none.com (Mubarak Zeb Khan)