Foreign
PAKISTANI government has raised sales tax on some imported luxury items to 25 per cent.
According to the country’s Federal Board of Revenue, the new tax comes into effect on Thursday.
Experts said the decision might have been taken in response to the promptings of the International Monetary Fund for Pakistan to impose more taxes to raise revenue.
The FBR raised the sales tax from 17 per cent to 25 per cent on 36 categories of imported goods, including water, juice, confectionery and vehicles. (Xinhua/NAN)
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Tags: International Monetary Fund for Pakistan
