IMF urges government to levy more tax
ISLAMABAD: The IMF has asked the government to impose new taxes and eliminate more than Rs 300 billion in duty and tax exemptions and exemptions in the next fiscal year's federal budget.
Negotiations are underway between the International Monetary Fund (IMF) and FBR officials in Islamabad, but regulatory duties and customs duties are underway to reduce the tax receipts target and collect additional revenue between the FBR and the IMF. Could not agree on a rate cut.
Sources say the IMF is pushing more taxes to meet the revised target of tax receipts, while eliminating the duty and tax exemptions of more than Rs 300 billion in the next fiscal year's federal budget. Is being told
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