IMF Rejects Pakistan’s Request of Tax Exemption on Stationery Items

The federal government has failed to convince the International Monetary Fund (IMF) on giving tax exemption on stationery items. Despite the Federal Board of Revenue’s (FBR) efforts during virtual talks, the IMF has refused to lift the 14 percent sales tax on these stationery items. Last month, traders announced a nationwide strike against the 14 percent sales tax imposed on stationery. President of Pakistan Anjuman Tajran Khalid Pervez said at the time that they would not accept what they view as an unjust tax on education.