Pak govt increases tax on selected imported luxury items


Islamabad, Mar 9 (IANS): The Pakistani government has increased the sales tax to 25 per cent on selected imported luxury items categories with effect from Thursday, according to a notification by the Federal Board of Revenue (FBR).

The decision was reportedly taken as the International Monetary Fund has been urging the Pakistani government to generate its revenue by imposing more taxes, reports Xinhua news agency.

The FBR raised the sales tax from 17 per cent to 25 per cent on 36 categories of imported goods, including water and juices, confectionary, and vehicles.

 

  

Top Stories


Leave a Comment

Title: Pak govt increases tax on selected imported luxury items



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.