The government is thinking about giving some relief to people who work for a salary. The Prime Minister has asked his money experts to look at how much tax people who earn up to Rs100,000 every month are paying.
The government just made taxes higher for people who earn between Rs50,000 and Rs100,000 a month. But now, it seems they might lower this tax or even remove it completely. This would be good news for people who are struggling to make ends meet.
However, giving tax relief will cost the government money. They might need to spend less on big projects to cover this cost. Also, the government will talk to the IMF about this plan before making a final decision.
So, if you’re a salaried worker earning less than Rs100,000 a month, keep your fingers crossed for some good news soon!
