Govt. revenue considerably up in first half amid tax increases

The government revenue in the first half of 2022 jumped the most in recent times as Value Added Tax (VAT) and a slew of other taxes were raised effective from June as part of broader fiscal sector reforms to end or at least limit the monetary financing of the gaping hole in the budget.According to the data available through June, the total government revenue rose by 28.5 percent to Rs.919.5 billion in the first six months from the same period in 2021.

Daily Mirror

2022-09-19

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