World Bank Urges Pakistan to Tax Rich, Spare Poor in Revenue Overhaul

World Bank asks Pakistan to tax agricultural and real estate sectors to raise revenues. Suggests it could generate Rs3 trillion annually.

Recommends taxing the rich and wealthy while protecting the poor.

Suggests aligning income tax structure for salaried and non-salaried individuals.

Does not recommend lowering current Rs600,000 annual income tax exemption threshold for salaried individuals.

Suggests comprehensive tax reforms and expenditure cuts to reduce fiscal deficit.