Pakistan's Federal Board of Revenue has published the Finance Supplementary (Amendment) Act 2018, which was approved by the National Assembly on 4 October 2018 and subsequently assented by the president. One of the main measures of the Act is the amendment of the individual income tax brackets introduced as part of the Finance Act 2018, which includes replacing the top 15% rate with additional progressive rates of up to 29% or 25%, depending on the portion of taxable income derived as salary…