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Take-home salary to take a hit thanks to new income tax brackets
Aside from the slew of indirect taxes (and some exemptions) announced by the Pakistan Tehreek-i-Insaf government on Tuesday, discussed here, there still remains the thorny matter of income taxes (which are back with a vengeance).From the budget documents, it is clear that apart from higher prices of some kitchen items and everyday goods, salaried Pakistanis will also have to brave a smaller pay cheque in fiscal 2020.
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Generic placeholder image
Take-home salary to take a hit thanks to new income tax brackets
Aside from the slew of indirect taxes (and some exemptions) announced by the Pakistan Tehreek-i-Insaf government on Tuesday, discussed here, there still remains the thorny matter of income taxes (which are back with a vengeance).From the budget documents, it is clear that apart from higher prices of some kitchen items and everyday goods, salaried Pakistanis will also have to brave a smaller pay cheque in fiscal 2020.
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