Journalists protest high taxes on salaried workers

Journalists recently organized a demonstration to protest against the implementation of high taxes on salaried workers. The protest occurred just before the scheduled press briefing by Finance Minister Muhammad Aurangzeb. The new tax regulations have sparked concerns among individuals in the third income bracket, which ranges from Rs1.2 million to Rs2.2 million annually.

The updated tax system includes a fixed tax of Rs30,000 along with a 15% income tax for those falling within the specified income range. This change has led to dissatisfaction among many salaried workers who feel burdened by the increased tax burden.

During the protest, journalists voiced their opposition to these tax reforms, highlighting the impact it would have on middle-income earners. They emphasized the need for a more balanced tax structure that considers the financial constraints faced by individuals in this income bracket.

The demonstration against high taxes on salaried workers reflects the growing concerns within the community regarding the fairness and sustainability of the current tax system. As discussions continue on this issue, it is essential for policymakers to carefully evaluate the implications of these tax changes and strive to create a tax framework that promotes economic growth while ensuring equitable distribution of the tax burden.