Senate Finance Committee rejects 18% sales tax on baby food and child nutrition milk powders due to economic and health concerns.
Senate Standing Committee on Finance rejects 18% sales tax on baby food and fortified child nutrition milk powders due to concerns over economic impact and child health. The IMF urged Pakistan to abolish sales tax exemptions of Rs749bn, but the government only proposed to withdraw Rs337bn. Senators believe ending sales tax exemptions will increase inflation.
June 22, 2024
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