The IMF has agreed to set a tax collection target of Rs 9200 billion during the next financial year.
It has been found out from important sources that the target of collecting taxes for the next financial year is 9200 billion rupees, while in the budget more than 1600 billion taxes will be collected.
He further said that the new tax of Rs 200 billion will be implemented through the Finance Bill, which will enable the FBR to collect Rs 1900 billion in taxes in the next financial year.
Apart from this, it has been decided to levy a 30% tax on mutual funds and real investment for those who are not filers and the taxes will be increased on anything imported.
According to this finance bill, if the non-filers buy and sell any prize bonds, then withholding tax will also be imposed on it and the non-filer will be taxed twice with respect to the property.
Apart from this, strict measures have also been decided in the budget to create real estate documents.
Also, what is not used like commercial, residential and farm house will also be taxed.