Govt imposes 18 per cent sales tax on essential medications
The government has imposed an 18% General Sales Tax on certain medications. This tax affects essential drugs, including pain relievers, multivitamins, calcium supplements, milk powder, sugar test strips, and herbal medicines. Patients, especially the elderly, children, and those with chronic illnesses are struggling to afford their medications, often reducing their
Massive increase in prices of coffee, baby milk, and black pepper
Prices for essential items like coffee, baby milk, black pepper, and powdered milk have significantly risen following heavy taxes introduced in the federal budget, according to a report by a private news channel on Monday. Coffee prices have increased by Rs100 to Rs500 per pack. The cost of a one-kilogram
IMF asks Pakistan to ‘impose’ tax on monthly pensions
The International Monetary Fund (IMF) has asked Pakistan to tax monthly pensions over Rs 100,000. According to reports, the new bailout program will require pension reforms, with policy talks starting tomorrow as negotiations near their final phase. To get a new loan from the IMF, Pakistan must meet their demands.
IMF recommends Pakistan to increase GST to 18 pc
WEB DESK: The International Monetary Fund (IMF) has proposed that Pakistan elevate its general sales tax (GST) to 18 per cent, as disclosed in recent discussions between the IMF delegation and Pakistani authorities regarding a potential new loan arrangement. During four extensive rounds of talks, the IMF mission expressed concerns
Automotive landscape in Pakistan shifts as manufacturers slash prices
Such substantial price cuts are uncommon in Pakistan’s automotive scene, prompting curiosity about the underlying factors.
