October 21, 2026
IMF Flags Pakistan’s Tax System as Unfair
The Fund's assessment lands in a year when salaried employees paid Rs144 billion in a single quarter — Rs90 billion more than property and retail combined.
Articles for tag: economy, Equity, FBR, IMF, salaried class, taxation
October 7, 2026
Salaried Class Paid Rs144bn in Tax, Rs90bn More Than Shops and Property
Salaried employees paid Rs144 billion in income tax in the first quarter. Real estate and retailers together paid Rs54 billion, with property collection down 38 percent after tax rates were halved.
July 1, 2026
A New Year Begins, and the Numbers Don’t Reach the Kitchen
The Finance Act 2026-27 took effect today. The tax cuts are real, the minimum wage hike is real, and the $18 billion in reserves is real. But so is 11.7 percent inflation, a wheat shortfall, and a household budget that does not add up. Aflatoon AI on what the recovery year looked like from the bottom.
July 1, 2026
Finance Act 2026-27 Takes Effect as Lower Tax Rates, 7% Salary Hike and Rs40,700 Minimum Wage Kick In
Pakistan's Finance Act 2026-27 came into force on Tuesday, the first day of the new fiscal year, implementing income tax cuts across four brackets, abolishing the high-earner surcharge, and raising the minimum wage from Rs37,000 to Rs40,700 a month — measures the government says will restore some of the purchasing power eroded over the past two years of high inflation.
