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IMF pushes for crackdown on tax evasion in Pakistan - Islamabad Post

Summary by Islamabad Post

In the first phase, the IMF delegation will focus on technical-level discussions. Faisal Sheikh ISLAMABAD: The International Monetary Fund (IMF) has called for a crackdown on tax evasion in Pakistan’s real estate sector as negotiations begin for the release of a $1 billion loan tranche in Islamabad. This demand is part of the ongoing discussions aimed at securing the next tranche of the $7 billion loan program. Pakistan has assured the IMF that …

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Islamabad Post

IMF pushes for crackdown on tax evasion in Pakistan - Islamabad Post

12 hours ago

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Pakistan Times Today

IMF demands action against tax evasion in Pakistan’s real estate sector – Pakistan Times Today

The International Monetary Fund (IMF) has demanded a crackdown on tax evasion…

14 hours ago

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Day News TV

IMF Demands Crackdown on Tax Evasion in Pakistan’s Real Estate

The International Monetary Fund (IMF) has urged Pakistan to take strict action against tax evasion in the real estate sector as part of ongoing negotiations for a $1 billion loan tranche. However this demand is linked to the country’s broader efforts to meet the conditions of its $7 billion loan program. Pakistan has assured the IMF that it will enforce regulations and activate the Real Estate Regulatory Authority (RERA) to curb tax fraud. Tight…

15 hours ago

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ASFE World TV

IMF Delegation Arrives in Pakistan for Economic Review

22 hours ago

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The Financial Daily

Pakistan’s Tax Revenue Crisis: Rs4.457 Trillion Stuck in 108,000 Pending Cases - The Financial Daily

ISLAMABAD: Pakistan’s economy is facing a severe revenue crisis as Rs4.457 trillion in tax revenue remains stuck due to over 108,000 pending cases in courts, delaying much-needed funds for economic stability. This alarming backlog was highlighted during a Supreme Court meeting chaired by Chief Justice Yahya Afridi on November 7, 2024, where Federal Board of Revenue (FBR) and Ministry of Finance officials detailed the growing litigation bottlenec…

2 days ago

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