On 18 September 2018, Pakistan's new government submitted the Finance Supplementary (Amendment) Bill 2018 in parliament. One of the main measures of the bill is the amendment of the individual income tax brackets introduced as part of the Finance Act 2018, which would include replacing the top 15% rate with additional progressive rates of up to 25% or 29%, depending on the portion of taxable income that is salary income. The proposed brackets/rates are as follows, unless salary income exceeds 50% of taxable income: up to PKR 400,000 – 0% over PKR 400,000 up to 800,000 – PKR 1,000 minimum...