ISLAMABAD (Dunya News) – The International Monetary Fund (IMF) on Thursday refused to lift tax on the stationery items despite mounting pressure on the government by the stationery shop owners. According to sources, virtual negotiations between the government and global lender couldn’t be successful, keeping taxes on highlighters, punching machines and pencil boxes intact.
It must be noted that the government had imposed 10 percent sales tax on stationery items which took the prices up by 15 percent.