Pakistan finance bill proposes to raise GST rate to 18% from 17%

by Aurelia Butler 15 February 2023, 11:56 199 Views

Finance Minister Ishaq Dar laid the proposals before parliament as the economic crisis-hit country continues negotiations with the International Monetary Fund (IMF) for the release of critical bailout funds.

The bill also proposed to raise taxes on luxury items, first and business class air travel, cigarettes among other things.

($1 = 266.1900 Pakistani rupees)

Source: Economy - investing.com

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Pakistan finance bill proposes to raise GST rate to 18% from 17%

Mortgage demand drops as interest rates bounce higher

Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift

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