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Tag Archives: Whopping Rs1.27tr hike in taxes committed with IMF

Whopping Rs1.27tr hike in taxes committed with IMF


April 9, 2021

ISLAMABAD: Pakistan has made a commitment with the International Monetary Fund (IMF) to increase FBR taxes by a massive Rs1.272 trillion (almost 2.8 per cent of GDP) in the coming budget and jack up electricity rates by almost Rs4.97 per unit in the remaining three months of the current fiscal year. According to documents released by the IMF after approval …

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