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ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Ishaq Dar here Saturday categorically cleared that the government had not imposed any new tax on agriculture and construction sectors under the International Monetary Fund (IMF) agreement.

In a Tweet, the minister said he gave a recent explanatory statement in the National Assembly (NA) meant to dispel the impression that the government would impose new taxes on the agriculture and construction sectors under the IMF agreement.

“This explanatory statement is being misinterpreted. I make it clear again that the tax measures mentioned in the Letter of Intent have been implemented in the country till June 30,” he added.

Dar tells ADB team: Govt committed to completing IMF SBA

Finance Minister further said, “Apart from this, no new tax is being imposed, adding that it is also clarified that no federal tax has been imposed or will be imposed on agricultural income.”

Comments

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Muhammad Sabir Jul 23, 2023 05:16am
The Economy has transcended to its worst, new taxes on salaried class, tougher sanction like IMF condition, and surrendered by Governments is an indication of what is up ahead.
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WarrenDesiBuffet Jul 23, 2023 05:45am
Shameless arrogant failure. Why don't you implement agri tax on feudals and tax on the land mafia? Only those that work hard should be taxed?
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M yaseen Jul 23, 2023 01:45pm
I want to know about rice market globally. So tell me the way.
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Johnny Walker Jul 23, 2023 03:00pm
New taxes will be imposed as demanded by IMF. Stop lying.
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