Pakistan Budget to Add Taxes Worth 430bn Rupees

Pakistan’s upcoming federal budget would entail an increase in tax revenue by about 1.155 trillion rupees ($6.6 billion), including 430 billion rupees in additional taxes, according to the International Monetary Fund (IMF), Dawn reported.

However, the government would target a much lower recovery on account of the petroleum levy than the budgeted 610 billion rupees for the current fiscal year.

Read the full report: Dawn

IMF Releases $1bn to Pakistan After Austerity Measures Approved

Pakistan Police Call for PUBG Ban after Family Slain

Pakistan Urged to Adopt ‘Economic Corridor’ Model – Dawn

Tags: Budget

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.