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flag Pakistan faces a massive tax revenue shortfall, falling short of IMF targets and sparking reform discussions.

flag Pakistan faced a Rs384 billion tax revenue shortfall in the first half of the 2024-25 fiscal year, with the tax-to-GDP ratio at 10.8%, below the IMF's target of 13.6%. flag The Federal Board of Revenue (FBR) collected less than expected, and reforms like simplifying income tax forms for employees are underway. flag The Senate committee discussed converting some taxes to carbon taxes, with concerns about inflation and the impact on the poor.

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