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Govt decides to slap Rs140b taxes from July - Vimarsana News

Govt decides to slap Rs140b taxes from July

Govt decides to slap Rs140b taxes from July Cabinet approves proposal to introduce a new budget to meet IMF condition ATL 2021 has replaced ATL 2020 that carried names of 3.12 million individuals and companies. A comparison of both lists showed that over 932,000 names were missing from the new list.. PHOTO: FILE ISLAMABAD: The federal cabinet has approved introducing a new budget to slap taxes amounting to Rs140 billion to meet a condition of the International Monetary Fund (IMF), as the cost of tax exemptions swelled by another one-fifth to nearly Rs1.4 trillion in the current fiscal year. ...