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Pakistan: Tax and economic relief (COVID-19)

Pakistan: Tax and economic relief (COVID-19)

The government approved a fiscal stimulus package and certain emergency relief fund grants to mitigate the economic effects of the coronavirus (COVID-19) pandemic.

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Concerning tax measures, the government approved funds for making refunds of sales tax and income tax, refunds of customs duty drawbacks and customs duties, and revisions to various rates of tax and customs duties.

  • The rate of advance tax for certain imported food items is reduced to 0% (from 2%).
  • Individuals and associations of persons providing basic food items to government-owned departmental stores will pay a reduced rate of withholding tax of 1.5% (reduced from 4.5%).
  • There is an exemption provided from the additional customs duty of 2% imposed on imports of soya bean oil, canola oil, palm oil, and sunflower oil.
  • Additional measures provide fiscal and trade-related relief.


Read an April 2020 report prepared by KPMG International

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