TAX SHORTFALL ALERT WILL NEW TAXES BE TRIGGERED
TAX SHORTFALL ALERT — WILL NEW TAXES BE TRIGGERED?
FBR’s provisional figures show a tax collection shortfall of around Rs 336 billion against the assigned target. This matters because such gaps can lead to “contingency” tax measures, especially under IMF-linked commitments, meaning the government may introduce additional taxes to cover the shortfall. The article specifically points to possible steps like increasing Federal Excise Duty on fertilizers and pesticides and bringing excise duty on certain high-value sugary items, along with expanding the sales tax base by shifting selected items to the standard rate. In simple words: if revenue stays behind target, the government may try to recover it by raising or expanding taxes that can affect costs across the economy.
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Excellent session! I feel much more confident about managing my taxes now.
The Q&A segment was especially helpful. All my questions were answered patiently.
The speaker explained complex tax topics in simple terms. Great job!
A well-organized event with valuable insights into new tax regulations.
I’ll definitely recommend this session to my colleagues and friends.
The Q&A segment was especially helpful. All my questions were answered patiently.
Very relevant course for everyone & the speaker was very knowledgeable.
General information communicated in a organised way
Overall session been informative.
Helpful insight was provided by the presenter
It was knowledgeable and helpful.
Good session.. simply explained and to the point
