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IMF talks – Finance minister working on expanding tax net by transforming GST into VAT

  • Pakistan and IMF begin negotiations on a new bailout program
  • Anticipated upfront fiscal adjustment of over Rs1.6 trillion in upcoming budget
  • Finance minister working on expanding tax net by transforming GST into VAT
  • Plan to expand tax base to include retail and wholesale traders, agriculture

Source: dawn.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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