Loading...

Javid Law Associates
News

Govt to Raise Rs. 389 Billion Through Tax Enforcement After Tricky IMF Talks

5 min read
Legal Expert
Govt to Raise Rs. 389 Billion Through Tax Enforcement After Tricky IMF Talks
The federal government will collect Rs. 389 billion in the next fiscal year through tax enforcement measures, senior officials of the Federal Board of Revenue (FBR) informed ProPakistani. Sources said the International Monetary Fund (IMF) has granted permission to use enforcement-based tax collection after difficult negotiations during budget talks. Convincing the IMF was not easy, officials added. Despite this, the agreement was eventually reached to allow the use of enforcement tools. The FBR also indicated that some relief measures have been incorporated alongside enforcement actions to balance compliance efforts with taxpayer facilitation.
Share:

About the Author

Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

Verified Professional 25+ Years Experience
Legal Experts Online

Need Expert Legal Counsel?

Free Session Secure & Private

Typical response time: Under 5 minutes