IMF experts conducted the most difficult virtual negotiations with the Pakistani authorities, IMF conducted virtual negotiations with the representatives of the four provinces, IMF experts conducted separate negotiations with each provincial government, in the virtual negotiations, the federal and the Ministry of Finance Provincial officers were involved.
According to the sources, the IMF demanded Pakistan to improve the collection of income tax on agriculture, all four provinces accepted the demand of IMF on agricultural income tax and two days to prepare a plan for collection of tax on agricultural income. Time sought, all four provincial governments to submit plan by July 12.
Sources say that the rate of income tax on agricultural income will be imposed on annual income of more than 6 lakhs, the rates of income tax on agricultural income will also be calculated according to the normal income tax, the federation and the provinces should be on the same page on agricultural income. will
Sources say that the provinces have assured full support to the IMF on agricultural income.
Finance Ministry sources say that the Khyber Pakhtunkhwa government also held positive talks with the IMF, the IMF appreciated the 100 billion rupees surplus budget of Khyber Pakhtunkhwa.
