tax

Moody’s says budget will support talks with lender for Extended Fund Facility

Measures aim to raise Rs70b by cracking down on non-certified receipts

Economic Survey reveals 73% surge in tax losses, fuelling IMF dispute amid ongoing negotiations

Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions

Industrialists claim concessions are damaging ghee, edible oil, steel, and juice industries

Promise Rs4.1tr revenue boost by lowering taxes, removing exemptions

Proposal has potential to add hundreds of billions of rupees to tax receipts

Insists increase in duties will help regulate excessive import of used cars

Considers whether to scrap 15% tax on banks or collect more

Focus must be on fiscal prudence, innovative policies, strategic reforms to ensure sustainable growth