The International Monetary Fund has demanded the federal government to implement sales tax along with levy 60 rupees.


Islamabad: The International Monetary Fund (IMF) has called for a sales tax on petrol.
The IMF has demanded the federal government to impose 18 percent sales tax on petrol and remove the sales tax exemption on all items including petrol.
The International Monetary Fund has demanded the federal government to implement sales tax along with levy 60 rupees. The tax revenue should be increased by eliminating sales tax exemptions.
Increasing power tariff
On the other hand, following the demand of the IMF, the federal government has started preparations to impose an additional burden of 967 billion rupees on the electricity consumers.
According to the media reports, six government electricity distribution companies have submitted applications in National Electric Power Regulatory Authority (NEPRA) to increase electricity prices for the next financial year which will be heard on April 2.
Female student dies after falling from 1st floor library in Lahore
- 8 hours ago
SBP declares public holiday on May 1
- 7 hours ago

PM Shehbaz rejects Indian allegations in call with UN chief
- 3 hours ago

DG ISPR exposes Indian terror network operating in Pakistan
- 6 hours ago
India can’t cancel Indus Waters Treaty alone, says Ishaq Dar
- 4 hours ago

Gold price surges Rs2,100 per tola in Pakistan
- 7 hours ago
Restaurant blaze in China leaves 22 dead
- 8 hours ago
Prince Andrew accuser Virginia Giuffre dies by suicide
- 7 hours ago

DG ISPR to hold key press conference at 6:30 PM
- 8 hours ago

Three terrorists killed in Turbat intelligence-based operation: ISPR
- 4 hours ago
PSL 10: Quetta opt to field after winning toss against Multan
- 4 hours ago
Liberals win Canadian election
- 8 hours ago