BUSINESSDAWN
The ‘wait for it’ budget
The Pakistani budget provides tax relief for high-income salaried employees earning over Rs200,000 monthly but overlooks the majority of households earning less than Rs100,000. The Benazir Income Support Programme (BISP) allocates Rs838 billion, increasing quarterly payouts to Rs18,000 for 10 million low-income families, while power sector subsidies and education/health allocations remain insufficient for broader economic needs.
Mentioned
Related Signal
Adjacent reporting
- Kenya: Bankers Push for Uniform PAYE Cut to Boost Economy
- Musk’s ‘universal high income’ serves tech oligarchs more than workers
- Income tax may fall for some salaried segments
- If anyone deserves a tax cut in America, it’s the working class
- Minnesota’s Paid Leave program is running short on funds — and your taxes could go up