As part of Pakistan’s obligations under the International Monetary Fund (IMF) program, the Sindh Assembly on Monday enacted the Sindh Agricultural Income Tax Bill 2025 into law. However, the assembly also voiced dissatisfaction over the Center’s refusal to hold discussions with the lender of last resort with the provinces.
The law, which is viewed as a component of Pakistan’s economic reforms under the 37-month IMF deal worth $7 billion, raises taxes on agricultural profits while emphasizing the necessity of increasing revenue collection and lowering the ongoing deficit in order to finish the loan program.
The proposed bill was previously passed by a provincial cabinet meeting that was presided over by Sindh Chief Minister Murad Ali Shah.
Shah vehemently defended the province’s taxing policies during his speech to the Sindh Assembly, pointing out that agriculture tax was already in place.
