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Government guarantees IMF to impose new taxes worth Rs 300 billion – Daily Asas NewsTAZAA News

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ISLAMABAD: Pakistan has pledged 300 billion rupees in new taxes to the IMF. According to sources, the government has asked the IMF to increase revenue, reduce non-performing loans and reform economic and energy sectors, as well as energy conservation. The Federal Board of Revenue (FBR) has also informed the SBI of proposals for new tax measures worth around Rs 300 billion through the Tax Laws Reforms Ordinance 2023. Income measures range from 5 to 500 billion rupees due to flood losses, variable loans and other losses Negotiations between Pakistan’s economic team and the IMF on the ninth economic review are ongoing and are expected to conclude next week with bright prospects for an economic settlement. deal with the IMF.

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