آئی ایم ایف نے ٹیکس شرح اور سلیب سات سے کم کرکے چار کرنے کی سفارش دی

Islamabad: The IMF has proposed increasing the tax rates on both salaried and non-salaried classes and reducing the number of tax exemptions from seven to four, which, if approved, will increase the tax burden on both salaried and non-salaried classes.

According to sources, implementation of the IMF’s proposal could result in an additional revenue of four billion rupees from domestic income.

The government has also been advised to eliminate the tax relief for pensioners on their private income contributions.

In correspondence with the proposals made by the IMF, it has been mentioned in the working that if the recommendations related to income tax are fully implemented, it could result in an additional revenue of 0.5 percent of GDP.

This annual basis exceeds four billion rupees, while during the first eight months of the current fiscal year (July to February 2023-24), the salaried class as a whole generated revenue of 215 billion rupees.