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.