IMF Pakistan tax: Fund flags unfair system, broader base sought

At a two-day conference on the IMF Pakistan tax agenda, regional director Jihad Azour urged fairness as salaried tax rose but retail, farm and property income stayed largely untaxed.

Jihad Azour, the IMF's regional director, urged a fairer and more neutral tax system for Pakistan.

The salaried class's tax contribution rose from Rs391 billion a year before the programme to Rs629 billion by June 2026.

Only 137 new retailers had joined the trader tax scheme as of October 15, against an annual target of one million.

Income tax from the real estate sector fell 38% to Rs35.2 billion in the first three months of the current fiscal year.

Read the full story

Zaviya News