Pakistan Plans Tax Hikes on Mobile Calls, Solar Panels, and Cash Withdrawals to Meet IMF Targets
The Government of Pakistan is preparing contingency tax measures to generate Rs. 200 billion in case revenue targets are missed or expenditures exceed limits in the first half of the fiscal year. Proposed measures include higher taxes on mobile and landline calls, increased withholding tax on cash withdrawals, and elevated sales tax on solar panels, aimed at keeping the $7 billion IMF bailout on track.
Pakistan Pushes for Technology-Driven Inclusive Growth with AI and Digital Reforms
Pakistan is pushing for technology-led inclusive growth, leveraging AI, digital reforms, and fiscal innovations to strengthen economic resilience, improve service delivery, and ensure equitable progress for all communities.
FBR Launches Transformative Plan to Raise Pakistan’s Tax-to-GDP Ratio to 18%
The Federal Board of Revenue (FBR) has unveiled a comprehensive transformation roadmap aimed at increasing Pakistan’s tax-to-GDP ratio from 10.24% to 18% through digitization, institutional reforms, and enhanced human capital.