Budget 2024-25: Pakistan likely to end tax exemptions
Islamabad, May 12, 2024 : Pakistan Government to Likely Eliminate Tax Exemptions in FY2024-25 Budget at IMF’s Request. Budget proposals for FY2024-25 suggest Pakistan’s plan to gradually remove exemptions on sales and income tax. Additionally, the government is contemplating levying sales tax on tractors and pesticides, which could result in increased prices for these crucial…