HomeBusinessThe IMF demands that Pakistan implement a tax on pension Achi-News

The IMF demands that Pakistan implement a tax on pension Achi-News

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Achi news desk-

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to impose a tax on retirement pensions from civil and military organizations and to withdraw several tax-exempt pension schemes The MF delegation arrived quietly in Islamabad on Thursday where they will discuss the debt with the government of Pakistan It should be noted that the imposition of a tax on pensioners by the IMF is among the many proposals per cent (0.5%) of the gross national product, which is a total of 600 billion rupees and this tax is paid and it will be accepted by the business class. Following the IMF proposal, if the government taxed retirees’ pensions and removed other incentives, it would generate an additional Rs 22-25 billion annually, the IMF and the government of Pakistan said today that talks starting from (Friday) and according to the sources, two different bailout packages will be discussed in these talks The head of the IMF’s Pakistan mission will visit Pakistan next week to deal with the issues arising of climate change Two days ago, Finance Minister Muhammad Aurangzeb said that the size and duration of the new loan from the IMF The final arrangements have not yet been completed, but will be completed soon which will be The 24th IMF program for Pakistan, which is being called the most difficult loan program ever.

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