NBR to increase taxes on super-wealthy people to 35%

The National Board of Revenue (NBR) is planning to increase the maximum income tax rate on the country's super-rich. A proposal is being prepared to increase the current maximum tax rate of 30% to 35%. However, this new tax rate may be effective from FY28. NBR chairman Abdur Rahman Khan gave this information at a pre-budget discussion meeting with Economic Reporters Forum (ERF) leaders at the... Details

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