Tag Archives: Taxing low-income citizens is ‘insane advice’: industry

KARACHI: With citizens already braving high food prices, massive power bills, and expensive fuel, a World Bank concern that the income tax exemption threshold for salaried individuals is “suboptimally high” has rubbed salt into many already festering wounds. In Pakistan, salaried people earning Rs50,000 or below per month are currently exempt from any tax. So, if the government goes on to follow the World Bank’s …

Read More »