The Government of Pakistan has introduced revised income tax slabs for salaried individuals in the Federal Budget 2026-27, providing significant relief to low and middle-income earners. Under the new structure, individuals earning up to Rs. 6 lakh annually will remain exempt from income tax, while reduced tax rates have been proposed for several income brackets.
The revised tax policy aims to increase disposable income, support economic growth, and provide financial relief amid rising living costs. Additionally, government employees and pensioners are expected to benefit from the announced salary and pension increases.
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