Proposed Tax Relief for the Salaried Class in the 2026–27 Budget is not Enough!
The amount of tax currently being charged on income slabs, especially below Rs. 1,500,000 per month, affects the ability of this most important segment of the society to meet their basic living needs, including payment of utility bills, education, healthcare, and the overall well-being of their children and families.
The salaried class is the most important segment of the economy. Let the Middle Class be the Engine of Growth for Pakistan! If they are able to spend, the Economic Cycle and Growth will start, with revenues coming back to the state as indirect taxes.
I strongly suggest the Govt and the Parliament to provide further relief to the salaried families.
I propose that there should be only three tax slabs for the salaried class
- Income from Rs. 100,000 per month to Rs. 500,000 per month: 5% tax
- Income from Rs. 500,000 per month to Rs. 1,500,000 per month: 10% tax
- Income above Rs. 1,500,000 per month: 20% tax
The charts attached show the proposed relief for the salaried class in the 2026–27 budget proposals.
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