{
  "id": 12558276,
  "title": "Salaried Class Pays Rs. 144 Billion Tax in Q1, Far More Than Retailers and Real Estate Combined",
  "url": "https://urgent.news/2026/10/07/salaried-class-pays-rs-144-billion-tax-in-q1-far-more-than-retailers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T05:16:47.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/10/07/salaried-class-pays-rs-144-billion-tax-in-q1-far-more-than-retailers-and-real-estate-combined/"
  },
  "original_language": "en",
  "account": "During the first quarter of fiscal year 2026-27 in Pakistan, the salaried class paid Rs. 144 billion in income tax, significantly more than the combined Rs. 54 billion collected from retailers and the real estate sector, which saw a Rs. 90 billion shortfall. This disparity occurred as tax rates for property transactions were cut by half under the IMF program. The real estate sector's income tax collection decreased by 38%, dropping to Rs. 35.2 billion, following a 50 percent reduction in advance tax rates. Property sales and purchases also saw a 42% and 31% decrease, respectively, bringing in Rs. 23 billion and Rs. 12.2 billion. In contrast, withholding taxes from wholesalers and retailers only increased by 1.3%, totaling Rs. 18.4 billion. Despite the government's tax cuts and relief measures, salaried individuals' income tax payments rose by 10.2%, reaching Rs. 629 billion, while the real estate sector's payments remained stable at Rs. 236 billion.",
  "summary": "Pakistan’s salaried class paid Rs. 144 billion in income tax during July to September, exceeding the combined Rs. 54 billion … Read More The post Salaried Class Pays Rs. 144 Billion Tax in Q1, Far More Than Retailers and Real Estate Combined appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}