There is no tax on those earning Rs 50,000, but there is a 1% tax on those earning Rs 50,000 to Rs 1 lakh, says Atta Tarar

Federal Information Minister Attaullah Tarar announced a new tax structure in Pakistan, stating that individuals earning up to 50,000 rupees per month will be exempt from income tax. For those earning between 50,000 and 100,000 rupees monthly, a one percent tax rate will be applied. This tax policy aims to provide relief to lower-income individuals while broadening the tax net in a progressive manner. The announcement was made by Attaullah Tarar, indicating a significant change in the government's approach to personal income taxation. This change is expected to impact a large segment of the salaried class in Pakistan.