ACCORDING to the ‘mini budget’, income tax is to be imposed (15 per cent to 30pc) above the benchmark of salaries up to Rs200,000 per month.
My gross salary is Rs201,100, which means with a tax rate of 15pc, Rs30,000 will be deducted from my salary and my disposable salary will be around PKR 170,000. Earlier, I used to pay income tax of Rs22,000 per month. Is this fair considering that I am the primary breadwinner of a middle class family?
I suggest to the government to add the following condition while imposing income tax:
If by imposing new income tax rates, the disposable salary is less than the previous disposable salary, then in such a case such salary amount shall be increased so that the current disposable salary shall be greater than the previous disposable income.
Nusrat Sultana
Islamabad
Published in Dawn, October 17th, 2018
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