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Govt imposes Rs115bn taxes

ISLAMABAD: The government slapped Rs115 billion taxation measures through a notification issued by the Federal Board of Revenue after President Dr Arif Alvi refused to promulgate an ordinance. ....

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GST increased by 1%, duty on cigarettes hiked on IMF demand

Govt aims to fetch Rs115 billion by increasing GST and Federal Excise Duty on cigarettes ....

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Govt, IMF at odds over Rs900bn fiscal gap

ISLAMABAD: Amid the lingering stalemate over the fiscal gap, the International Monetary Fund has worked out a larger gap of approximately Rs900 billion, equivalent to 1 percent of Gross Domestic. ....

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IMF rejects circular debt management plan

ISLAMABAD: The visiting IMF review mission has rejected the revised Circular Debt Management Plan and asked the government to raise the electricity tariff by Rs12.50 per unit in order to restrict. ....

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Pakistan-IMF talks: Fund rejects circular debt management plan

IMF has asked Pakistan to raise the electricity tariff by Rs12.50/unit to restrict additional subsidy at Rs335 billion ....

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