Business
Pakistan plans to tax pension income of PKR 400,000
Two proposals under consideration for giving relief to salaried class
May 06, 2025
May 06, 2025
Two proposals under consideration for giving relief to salaried class
Government may be asked to set tax collection target at PKR 14.2 trillion for 2025-26, a tax-to-GDP ratio of 11%
The IMF's board is set to review the first progress report under Pakistan’s ongoing $7 billion bailout program and consider approval of a new $1.3 billion arrangement
The IMF program is crucial to Pakistan’s $350 billion economy, which the country says has stabilized under the bailout that averted default
IMF consultations expected as govt prepares new revenue-sharing formula
The Board will also consider the country's request for modification of performance criteria under the loan program