The federal budget for 2026–27 has brought the salaried class something it has rarely seen in recent years: a tax cut. In his budget speech, the finance minister has announced reduced income tax rates for salaried individuals earning between Rs2.2 million and Rs7 million a year, restructured the slabs from six to eight, and abolished the surcharge that currently applies to annual incomes above Rs10m. But what those changes mean for you depends entirely on where your salary falls. Most relief ...