Tag: indirect taxes
-
Pakistan reaffirms commitment to $6.5 billion IMF bailout, dismissing rumors of retraction
On Wednesday, Minister of State for Finance and Revenue, Dr Aisha Ghaus Pasha, dismissed rumours of Pakistan retracting from the anticipated $6.5 billion bailout programme with the International Monetary Fund (IMF).
-
Imposing super tax on the rich will reduce budget deficit: Miftah
The government’s recently announced indirect tax (super tax) is intended to assist the country in increasing tax revenue and lowering the budget deficit, according to Finance Minister Miftah Ismail. He was relating to the large industries’ 10 per cent super tax or poverty alleviation tax. 13 industries, including LNG terminals, sugar, cement, steel, textile, tobacco,…