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Pakistan's Budget Expected To Feature Sales Tax Hike

by Mary Swire, Tax-News.com, Hong Kong

31 May 2019


Pakistan may raise the sales tax rate in the upcoming 2019-2020 Budget, now reportedly expected to be delivered June 11, 2019.

Following the first meeting to discuss the Budget, local daily Business Recorder said it was told these discussions included talk of raising the sales tax rate by one percent, from 17 to 18 percent. The sales tax rate on certain petroleum products could also be raised above the standard rate, it said.

Other proposals under consideration include a sugary drinks tax, higher taxes on tobacco, and further changes to the personal income tax regime, it said.

TAGS: Pakistan | tax | sales tax | Other

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