Proposed food tax may hurt exports
A proposed 5% food tax is likely to increase prices, and benefit unregulated markets
Food Tax
Govt mulls up to 50pc tax hike on food items in budget 2025-26
Move comes as Islamabad remains under pressure from IMF to broaden its tax base
Govt proposes 20% health tax on bakery, confectionery items
'Goal of this gradual increase is to further discourage the consumption of unhealthy'
Senate okays 18% sales tax on packaged food items
New tax will be effective from beginning of next month
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