Aamna Aamna 
imf proposes rs 15tr tax target for pakistan’s next budget
Pakistan needs to raise more than Rs 15 trillion in tax revenue through its upcoming IMF-backed budget talks. Sources from ARY News say that Pakistan and the international lender have moved their virtual discussions forward as they complete 85% of their talks.
The new financial system targets growing tax-to-GDP to 13% and logging Rs 2,745 billion in non-tax funds. Economic forecasts show strong growth above 4 percent for the next fiscal year because both businesses and ordinary consumers will invest more.
According to media reports the IMF counsels Pakistan’s Special Investment Facility to eliminate tax incentives for both railway constructions across Chaghi-Gwadar valued at $2 billion and all international projects. The organization stands against tax exemptions since they would make it harder to build a stable economy for Pakistan
