Pak burdens masses with new taxes for IMF loan; Car, Weddings costlier | Details

Pakistan Prime Minister Shehbaz Sharif hiked taxes on luxury goods and services in a bid to unlock the next tranche of a $6.5 billion loan facility from the International Monetary Fund (IMF). Pakistan's Parliament increased sales tax from 17 to 25 percent on imports ranging from cars and household appliances to chocolates and cosmetics. A general sales tax was raised from 17 to 18 percent. Watch this video to know more. #pakistan #imfloan #moretaxes #taxhike #shehbazsharif #pakgovt #luxurygoods #cars #weddinghalls #chocolate #mobilephones #costlier #salestax #economiccrisis Hindustan Times Videos bring you news, views and explainers about current issues in India and across the globe. We’re always excited to report the news as quickly as possible, use new technological tools to reach you better and tell stories with a 360 degree view to give you a better understanding of the world around you.