pakistan
IMF says farm income tax collection remains below expectations
Key takeaways
- Add ARY News on Google AAResize ISLAMABAD: The International Monetary Fund (IMF) has expressed concern over continuing reduction in FBR tax recoveries and declared limited taxes a threat.
- The IMF in its report stated that the tax collection could reach to 2100 billion rupees with 35% improved performance in sales tax recovery.
- The farm income tax was enhanced in Year 2025, but its recovery remains below the expectations.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: The International Monetary Fund (IMF) has expressed concern over continuing reduction in FBR tax recoveries and declared limited taxes a threat.
The IMF in its report stated that the tax collection could reach to 2100 billion rupees with 35% improved performance in sales tax recovery.
The farm income tax was enhanced in Year 2025, but its recovery remains below the expectations. The lending institution has stressed for reforms to expand the FBR tax net. The IMF urged for mandatory digital invoicing and an effective production monitoring system.
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