The Pakistani federal government is evaluating the implementation of a new local tax for Islamabad, contingent upon the capital receiving autonomous status. According to reports, these funds would be earmarked for maintaining essential infrastructure, including educational facilities, healthcare services, and general administrative operations. Officials intend to include these revenue proposals in upcoming discussions with the International Monetary Fund during the fifth review of the current loan agreement. If the measures are approved, the new tax framework is expected to be integrated into the budget for the next fiscal year. While specific financial projections remain under development, the initiative aims to secure a sustainable funding stream for the city's public welfare and operational requirements.
Source : The Express Tribune
Photo : The Express Tribune
