Salaried class may get relief in budget

[LRE]

Salaried class may get relief in budget

Updated at: 1436 PST, Monday, June 09, 2008
ISLAMABAD: Salaried persons are likely to be given some income tax relief in the upcoming federal budget.

Senior journalist, Hanif Khalid reports said that if any employee’s salary falls into the next slab, then he would have to pay more tax on the additional income only, which caused him to be placed in next slab, instead of the total income, besides income slabs for the salaried class might be stretched up to 21 in the next budget.

http://www.geo.tv/6-9-2008/19096.htm