The proposed budget for the year 2025-26 reportedly includes a 10 per cent salary increase for government employees. However, the budget does little to alleviate the sufferings of the private sector employees. The private sector is not bound to give any relief to their employees similar to that announced for the government sector. The only way out for this segment of highly skilled and experienced professionals is to renegotiate their salary packages. Sadly, under the current economic circumstances, it is not possible for employers to increase salaries. The government is forcing honest and hardworking professionals, who decide to stay and work in their own country, to find ways to cheat the income tax regime in order to mitigate the impact of the ever-rising cost of living.
Ayub Malik
Rawalpindi
The News Design. — The Israeli defence minister recently announced plans to relocate Gazans to Rafah,...
The News Design. — The recent hail storms in Islamabad have spotlighted a policy vacuum in our clean energy...
The News Design. — Across the world, art is proving itself an engine for environmentally friendly markets....
The News Design. — A tragic building collapse recently occurred in Lyari, Karachi, claiming at least 27...
The News Design. — The prolonged and unlawful non-payment of retirement benefits to the retired employees of...
The News post Loadshedding has once again disrupted life across various parts of the country, causing immense...
The News post The agro-economy remains the backbone of Pakistan’s financial system, contributing...
The News post On June 30, what began as a peaceful protest by the Sindh Employees Alliance, quickly turned...