Islamabad requested relief measures in major tax areas at a crucial round of negotiations between Pakistan and the International Monetary Fund (IMF) over the next fiscal year 2025–26 budget.
Informed sources claim that Pakistan’s economic team pleaded with the IMF to take into account lowering the super tax and providing assistance to the real estate industry. To lessen the financial burden on citizens, the administration also asked for more extensive concessions, notably for the paid class.
But as of right now, the IMF has taken a tough stand and has made no signs of accepting any leniency or relief measures.
Pakistan is still subject to the terms of its agreement with the IMF and any tax exemptions or relief packages approved by the lender, according to Ministry of Finance officials.
