World Bank withdraws suggestion about taxing Rs50,000 income

The World Bank (WB) has withdrawn its recommendation regarding the imposition of tax on those with a monthly income of Rs50,000 or less. The global lender said this recommendation was based on the 2019 data that needed to be updated in the light of recent inflation and market conditions. A World Bank spokesperson said the […]

World Bank withdraws suggestion about taxing Rs50,000 income
The World Bank (WB) has withdrawn its recommendation regarding the imposition of tax on those with a monthly income of Rs50,000 or less. The global lender said this recommendation was based on the 2019 data that needed to be updated in the light of recent inflation and market conditions. A World Bank spokesperson said the […]