Proposed Tax Relief for the Salaried Class in the 2026–27 Budget is not Enough!
The amount of tax currently being charged on income slabs, especially below Rs. 1,500,000 per month, affects the ability of this most important segment of the society to meet their basic living needs, including payment of utility bills, education, healthcare, and the overall well-being of their children and families.
The salaried class is the most important segment of the economy. Let the Middle Class be the Engine of Growth for Pakistan! If they are able to spend, the Economic Cycle and Growth will start, with revenues coming back to the state as indirect taxes.
I strongly suggest the Govt and the Parliament to provide further relief to the salaried families.
I propose that there should be only three tax slabs for the salaried class
- Income from Rs. 100,000 per month to Rs. 500,000 per month: 5% tax
- Income from Rs. 500,000 per month to Rs. 1,500,000 per month: 10% tax
- Income above Rs. 1,500,000 per month: 20% tax
The charts attached show the proposed relief for the salaried class in the 2026–27 budget proposals.
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@TalatHussain12 Read her tweet that she was part of official delegation and why Kh.Asif is denying all of this. She is an ass licker and pro Israel advocate.
@aliktareen 2/2: Tax slabs as per income and filer status. Doesn't make sense to tax Middle class as per Ultra rich businesses. The intent is just not there to increase revenue and tax base.
@aliktareen 1/2: What an emotional outburst. Yes, tax net should be increased and make it painful for non-filers specially retailers and traders. Doesn't make sense to tax people who are eating chocolates. Tax people who owns industries and businesses and making exorbitant profits.
@4ValueInvestor It doesn't mean that they will not export. BYD is investing only because they can export from Pakistan. The material information doesn't need to mention that.
@najam_ali Inflation back to 23%. With rising electricity and fuel prices which will affect food prices, don't think inflation is going to come down. So does the interest rates.
@4ValueInvestor What one can expect with higher fuel and electricity prices? They are going to go up which will lead to higher food prices. It will come with a lag when these prices will actually hit us.