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Pakistan mulls 2% tax hike on bank deposit interest to boost revenue, seek IMF approval.
The Pakistani government is considering a 2% tax increase on interest income from bank deposits for both tax filers and non-filers in the 2025-26 budget, in line with efforts to boost revenue and gain IMF approval.
Currently, filers face a 15% tax rate, while non-filers pay 35%.
The proposal aims to fill a tax revenue gap but could affect bank deposit levels and individuals' financial comfort.
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Pakistán está considerando un aumento de impuestos del 2% en los intereses de los depósitos bancarios para aumentar los ingresos, y buscar la aprobación del FMI.