Monday, May 5, 2025

Pakistani govt raises tax on imported luxury items

Must read

- Advertisement -
tiamin rice
tiamin rice

The 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.

whatsApp

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.

tiamin rice

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

READ ALSO:   UN experts urge Pakistan to stop mass deportation of Afghan migrants
- Advertisement -

More articles

- Advertisement -

Latest article

- Advertisement -