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After several administrative employees of Bahawalpur's Islamia University were detained by law enforcement, SCARY accusations have surfaced. Police claim that ...

ISLAMABAD: The World Bank has asked Pakistan to equalize the tax thresholds of salaried and non-salaried classes to make personal income tax progressive and bring agricultural income and property into the tax net. The World Bank estimates that taxes on agricultural income and property, if properly implemented, can generate close to three percent of GDP on an annual basis and more than 30 trillion rupees annually. The World Bank is also expecting $350 million for Pakistan from Rise Two, but the date of the Executive Board meeting to approve it is yet to be confirmed. The tax threshold for the top salaried class is Rs 6 lakh per annum and above this the tax is levied on the salary, while for the non-salaried class the income threshold is Rs 4 lakh per annum. World Bank's Chief Economist in Pakistan, Tobias Haque, while talking to a few selected journalists, said on Monday, "We are recommending taxing the rich and protecting the poor while protecting the poor." were also present. He said that the World Bank is certainly not recommending a reduction in the current minimum threshold, we are recommending that Pakistan should simplify its income tax structure and set up a single tax system for the salaried and non-salaried classes and promote progressivism. Make sure. A previous analysis of public expenditure revision data for 2019 suggests that a reformed income tax structure could include a minimum exemption limit for the salaried class, but this analysis is based on recent inflation and labor market developments. The changes should also be taken into account so that the lower income groups are not affected. The recommendations in Pakistan's development update are clear, however, when asked if the World Bank is recommending a single income tax structure for salaried and non-salaried individuals, he said yes.

Order to pay salaries to government employees tomorrow

June 22, 2023

PESHAWAR: The Khyber Pakhtunkhwa government has ordered the release of salaries to all government employees of the province on June ...

Govt employees’ salaries are anticipated to increase by up to 30% in budget 2023–24

June 8, 2023

ISLAMABAD: The federal budget for the upcoming fiscal year, which will be revealed on Friday, is expected to include an ...

Employees at Twitter begin leaving after Elon Musk’s ultimatum

November 18, 2022

Following an ultimatum from the new owner Elon Musk that staffers sign up for "long hours at high intensity" or ...

Prior to Twitter’s layoffs, confusion and chaos prevail

November 4, 2022

According to current and former employees as well as message board messages shared, panic and dread rippled throughout Twitter Inc. ...

Twitter is reviewing its guidelines for user bans that are permanent

October 12, 2022

In order to perhaps make its content moderation in line with Elon Musk's vision for the social media platform, Twitter ...

SC reinstates thousands of employees

by Daily Patriot

December 21, 2021

The Supreme Court on Friday reinstated sacked government employees in their positions causing the employees, who had gathered on Constitution ...

Tag: employees

Islamia University: Scandal involving 5000 obscene videos

Order to pay salaries to government employees tomorrow

Govt employees’ salaries are anticipated to increase by up to 30% in budget 2023–24

Employees at Twitter begin leaving after Elon Musk’s ultimatum

Prior to Twitter’s layoffs, confusion and chaos prevail

Twitter is reviewing its guidelines for user bans that are permanent

SC reinstates thousands of employees

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