💨 Abstract

The International Monetary Fund (IMF) has rejected Pakistan's proposed sales tax exemption on electric vehicles (EVs), advocating for standard tax policies. The IMF has objected to tax concessions in Pakistan's EV policy, particularly the exemption on local sales of EV components. Negotiations between Pakistan and the IMF on climate financing, including electric vehicle charging stations and tariff adjustments, are ongoing.

Courtesy: theprint.in

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