The Pakistan Business Council has released a comparative analysis of the income tax burden on the salaried class in Pakistan and India.
According to the report, a monthly salary of 100,000 Pakistani rupees equates to 30,030 Indian rupees. In Pakistan, an individual earning this amount faces an annual tax of 30,000 rupees, compared to just 3,018 rupees in India.
Similarly, those earning 150,000 Pakistani rupees per month are subject to an annual tax of 120,000 rupees in Pakistan, while the corresponding tax in India is only 12,027 rupees.
Punjab Schools to Observe Winter Vacations from December 20 to January 10
Winter vacations in Punjab schools will commence on December 20 and continue until January 10, spanning a total of 20 days. The official announcement confirms that all schools will remain…