Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Thu, 09 Apr 2026 01:04:26 +0500 Thu, 09 Apr 2026 01:04:26 +0500 60 IMF team to arrive in Pakistan for taxation talks next week https://english.aaj.tv/news/30341648/imf-team-to-arrive-in-pakistan-for-taxation-talks-next-week <p><strong>A technical team of the International Monetary Fund is expected to arrive in Pakistan next week to engage in discussions over tax and revenue related matters.</strong></p> <p>The IMF team will reportedly negotiate with officials from the Federal Board of Revenue for a week.</p> <p>Expanding the tax net is expected to be a key point in the negotiations. Sources said that both sides will finalise measures to bring one million people into the tax net to take the total number of tax payers to six million.</p> <p>The two sides will also prepare a basic structure for a scheme to tax retailers in the country, a sector that has traditionally resisted attempts at taxation.</p> <p>The FBR will also discuss amendments in the tax policy with the IMF. The changes that both sides agree upon will be implemented in the upcoming budget.</p> <p> <figure class='media sm:w-1/3 w-full media--right media--embed media--uneven'> <div class='media__item media__item--newskitlink '> <iframe class="nk-iframe" onload="setInterval(()=>{try{this.style.height=this.contentWindow.document.body.scrollHeight+'px';}catch{}}, 100)" width="100%" frameborder="0" scrolling="no" style="height:400px;position:relative" src="https://www.aajenglish.tv/news/card/30340637" sandbox="allow-same-origin allow-scripts allow-popups allow-modals allow-forms"></iframe></div> </figure></p> <p>An IMF delegation had left Pakistan after reaching an agreement over the first review in a stand-by agreement on November 16.</p> <p>However, the release of the second tranche worth $710 million is still pending the IMF board’s approval.</p> A technical team of the International Monetary Fund is expected to arrive in Pakistan next week to engage in discussions over tax and revenue related matters.

The IMF team will reportedly negotiate with officials from the Federal Board of Revenue for a week.

Expanding the tax net is expected to be a key point in the negotiations. Sources said that both sides will finalise measures to bring one million people into the tax net to take the total number of tax payers to six million.

The two sides will also prepare a basic structure for a scheme to tax retailers in the country, a sector that has traditionally resisted attempts at taxation.

The FBR will also discuss amendments in the tax policy with the IMF. The changes that both sides agree upon will be implemented in the upcoming budget.

An IMF delegation had left Pakistan after reaching an agreement over the first review in a stand-by agreement on November 16.

However, the release of the second tranche worth $710 million is still pending the IMF board’s approval.

]]> Business & Economy https://english.aaj.tv/news/30341648 Thu, 23 Nov 2023 12:40:10 +0500 none@none.com (Yasir Nazar) File photo