Khashif Talks Unlock Knowledge & Explore with Khashif Talks!

World Bank Recommends Further Taxation on Salaried Class in Pakistan The World Bank has recently made a series of recommendations to the Pakistani government aimed at restoring fiscal sustainability in the country. Among these recommendations are proposals to tax monthly salaries below Rs50,000 and reduce the income threshold for charging the highest income tax rate of 35% for salaried individuals. …

In a recent report by the Asian Development Bank (ADB), Pakistan’s economic outlook appears increasingly challenging as it stands out as an outlier in Asia. The report predicts that Pakistan will experience the highest inflation rate while having the fourth lowest economic growth rate among all 46 economies in the region. The Asia Development Outlook, the flagship publication of ADB, …

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has urged Pakistan to implement progressive taxation policies that target the wealthy and safeguard the interests of the nation’s impoverished citizens. Georgieva made this recommendation during her meeting with Interim Prime Minister Anwaarul Haq Kakar on the sidelines of the United Nations General Assembly (UNGA). In an interview with a Pakistani private …