IMF's Call for 18% GST on Petrol Sparks Debate in Pakistan


 

  1. IMF Urges Pakistan to Implement 18% GST on Petrol: What Does This Mean?" The International Monetary Fund (IMF) has called for an 18% General Sales Tax (GST) on petrol in Pakistan, aiming to boost tax revenue. This move could affect consumers and the economy significantly.

  2. "IMF Recommends Ending Sales Tax Exemptions on Petroleum Products in Pakistan" In addition to GST on petrol, the IMF proposes ending sales tax exemptions on all items, including petroleum products. The suggested Rs 60 levy on these products is part of efforts to increase tax income.

  3. "IMF's Proposal to Boost Tax Revenue in Pakistan: Implications and Responses" The IMF's proposals, including implementing 18% GST on essential items and rationalizing tax rates, could generate substantial revenue for Pakistan's national exchequer. However, the potential impact on citizens and the economy remains a concern, as the government navigates these economic challenges.

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