New Delhi, April 8 (IANS) The shortfall in the Pakistan government’s revenues has emerged as the Achilles’ heel of the IMF Programme.These revenues are the cornerstone of Pakistan’s IMF loan agreements, focusing on aggressive tax expansion to meet revenue targets and secure funds. To align with the IMF’s $7 billion Extended Fund Facility (EFF), the FBR is pushing for a revised target of over Rs 13 trillion, including tough tax hikes, revenue reforms in agriculture, property, and increased …
Latest Sales Tax News & Updates
Jaipur, Feb 19 (IANS) Under the leadership of Chief Minister Bhajan Lal Sharma, Rajasthan has recorded sustained growth in its own tax revenue, reflecting strengthened financial management and administrative reforms. According to the Budget Study 2026–27, the state’s own tax revenue stood at Rs 87,347 crore in 2022–23. This increased by 7.72 per cent to Rs 94,086 crore in 2023–24. The upward trend continued in 2024–25, with revenue rising by 9.80 per cent to Rs 1,03,310 crore. Th…