Islamabad: The Federal Government is being given a proposal of starting withholding tax beyond 50 thousand instead of 25 thousand in the Federal Budget for the Fiscal year 2012-13, sources informed.
According to the sources, if this proposal gets the approval from the government than the withholding tax on withdrawing less than Rs.50000 would be terminated.
Meanwhile, with a 20 percent increase in the salaries of government employees under ad hoc allowance by the federal government, Rs. 898 per month will be the increased in the salaries of Grade one workers while an increment of Rs. 8826 has been made in the salaries of Grade 21 officers.Like AwamiWeb