Pakistan, June 11 -- The government has taken a significant step to provide substantial relief to lower and middle-income sectors, proposing up to a four per cent decrease in income tax across various slabs. Presenting the federal budget for the fiscal year 2025-26, Finance Minister Muhammad Aurangzeb stated that the prime minister had consistently endeavoured to lower taxes on salaried individuals. "Keeping this objective in mind, we have proposed a decrease in income tax across all slabs," he said. "This measure will not only ease the existing tax structure but also strike a crucial balance between inflationary pressures and individuals' take-home pay by alleviating the tax burden." Under the new budget, individuals earning between Rs0....
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