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Pakistan plans to collect $2.7 billion in income tax with minimal relief, raising concerns for lower earners.
Pakistan plans to collect Rs535 billion in income tax from salaried workers in the 2025-26 fiscal year, offering only Rs56 billion in tax relief. The National Assembly Standing Committee on Finance criticizes this as insufficient, especially for low- and middle-income earners. The government also plans to increase the cash withdrawal threshold for non-filers to Rs75,000, with a higher 0.8% advance tax on withdrawals exceeding this limit. Additionally, the tax on online ads will rise from 10% to 15%.
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