City
Epaper

Pak govt increases tax on selected imported luxury items

By IANS | Updated: March 9, 2023 15:25 IST

Islamabad, March 9 The Pakistani government has increased the sales tax to 25 per cent on selected imported ...

Open in App

Islamabad, March 9 The Pakistani government has increased the sales tax to 25 per cent on selected imported luxury items categories with effect from Thursday, according to a notification by the Federal Board of Revenue (FBR).

The decision was reportedly taken as the International Monetary Fund has been urging the Pakistani government to generate its revenue by imposing more taxes, reports Xinhua news agency.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: International Monetary FundFederal Board Of RevenueImf researchNational and globalInternational monetary fundsBoard of revenuePakistan federal board of revenue
Open in App

Related Stories

NationalIndia Opposes Asian Development Bank Providing Financial Support to Pakistan

InternationalSri Lanka Sets Crucial Presidential Poll for September 21

InternationalIndia and France have agreed to use UPI in France: PM Modi

InternationalIMF finally approves $3bn bailout for Pakistan

InternationalIMF gives approval for USD 3 billion stand-by arrangement for Pakistan

International Realted Stories

InternationalIndia, Central American Integration System hold virtual dialogue

InternationalDalai Lama congratulates Mongolia's new PM Zandanshatar Gombojav

InternationalTony Blair enthralled with presentation on Telangana Rising 2047 by CM Revanth Reddy: Telangana CMO

InternationalIndia and Croatia sign MoUs to foster cooperation in agriculture, science, culture, education

InternationalPM Modi, Croatia PM underscore importance of inking India-EU FTA within a year