
Implementation of new taxes under the mini-budget of 170 billion rupees
Islamabad: The federal government has started imposing new taxes under the Rs 1 trillion 70 billion mini-budget agreed with the International Monetary Fund (IMF). The FBR has increased the GST rate from 17 to 18 percent while also increasing the federal excise duty rate on cigarettes to over 150 percent. A senior FBR officer told…