The federal government has announced a 10 percent increase in the minimum monthly wage and abolished the surcharge on salaried individuals as part of its relief measures under the Budget 2026-27. Presenting the budget, Finance Minister Muhammad Aurangzeb said the minimum wage has been increased from Rs37,000 to Rs40,700 per month. The move is aimed at supporting low-income workers and helping them cope with the rising cost of living.
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The finance minister stated that the increase reflects the government's efforts to strengthen the purchasing power of wage earners while ensuring that the benefits of economic reforms reach broader segments of society. In a separate relief measure, the government has decided to abolish the surcharge previously imposed on the salaried class. Officials said the decision is intended to ease the tax burden on employees and provide direct financial relief to thousands of workers in both the public and private sectors.
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The measures form part of the government's broader fiscal strategy for the upcoming financial year, which seeks to balance economic stability with targeted support for households facing inflationary pressures. Officials expressed hope that the wage increase and tax relief initiatives will contribute to improved living standards and greater financial security for workers and salaried employees across the country.
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