By Mubarak Zaib Khan
The government is set to introduce over Rs150 billion new taxes in the upcoming budget which are likely to hit the middle class, Dawn has learnt. The new tax proposals, being monitored and guided by Finance Minister Ishaq Dar aim to reduce the budget deficit by 2 to 2.5 per cent in the next fiscal year and will largely be shared by the middle class or non-industrialists. The revenue measures are to fulfill the conditions attached with the IMF’s proposed Extended Fund Programme for Pakistan. Read details on Dawn.com
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