The Pakistani government and the International Monetary Fund (IMF) have agreed to increase petroleum-related taxes in the next fiscal year. Sources say both sides discussed applying a Rs5 carbon levy on petroleum products. The proposal also includes raising the petroleum levy to more than Rs100 per litre. These steps aim to meet IMF revenue targets. […]
Pakistani Government
Pakistan commits to steady tax reforms in meeting with US business council
The Pakistani government has expressed its commitment to implementing ongoing tax reforms, aiming for a more predictable policy environment. Finance Minister Muhammad Aurangzeb reassured the American Business Council (ABC) during a meeting on Friday that structural tax changes are on the horizon. This meeting was attended by key members of the ABC, including executives from […]
Government proposes new tax on petroleum products, delays potential price cuts
The Pakistani government is considering a new tax on petroleum products, which could lead to a delay in expected price cuts. The proposal, under review by the Petroleum Division, suggests an additional 4.12 rupees per liter in costs, which may cancel out potential relief for consumers due to lower international oil prices. The price adjustment, […]
Govt to charge deported beggars under anti-terror laws
The Pakistani government has decided to prosecute beggars deported from Gulf countries under the Anti-Terrorism Act. Officials say this step aims to protect the country’s global image. The decision comes after complaints from Saudi Arabia, the UAE, and others about Pakistani families begging in their countries. Begging is considered a serious crime in these regions. […]
Sugar import approval delayed as prices stay above government cap
The Pakistani government has yet to approve the import of raw sugar for re-export, amid ongoing concerns about high sugar prices. Sources say the government recently deferred the decision on raw sugar imports. Deputy Prime Minister Ishaq Dar confirmed that the policy on raw sugar is still under progress and has not been presented for […]
Juveniles in Pakistan are victimized: Here’s why
A 13 year old boy has recently killed his friend in Lahore over a brawl while playing PUBG. Similarly, last year, a 13 year old boy killed his 12 year old friend during a scuffle over a videogame. In the same year, a 9 year old boy shot his aunt in the head on the […]
Managing Voter Expectations
A friend and I have a regular habit of discussing public policy in Pakistan. We are no experts on many policy topics, but we share our opinions on government policies with utmost confidence. That, of course, does not mean that we are right. Naturally, Asad Umar’s resignation was a hot topic for us this recently. […]