IMF requests Pakistan to tax monthly pensions above 100,000 PKR as part of new bailout program.
The International Monetary Fund (IMF) is asking Pakistan to impose a tax on monthly pensions above 100,000 Pakistani Rupees (PKR). This demand is part of the 'new bailout programme' which will require pension reforms, as negotiations between Pakistan and the IMF have reached their final phase. The IMF's goal is to get necessary legislative support for taxing wealthy pensioners, as part of the new loan program.
May 20, 2024
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