Balochistan, Feb. 7 -- The Balochistan Assembly has recently passed the "Balochistan Tax on Land and Agricultural Income Bill," which imposes an income tax of up to 45 per cent on agricultural earnings.
This new tax has sparked strong opposition from farmers' organisations, with many calling it an anti-farmer policy, according to a report by Balochistan Post.
As per the provisions of the bill, agricultural income up to Pakistani Rupees (PKR) 6,00,000 per year will remain tax-free. However, for incomes between PKR 600,000 and PKR 1,200,000, a 15 per cent tax will apply. For earnings ranging from PKR 12,00,000 to PKR 1,600,000, a fixed tax of PKR 90,000 will be imposed, plus an additional 20 per cent tax on income exceeding PKR 12,00,000,...
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