Islamabad [Pakistan], February 27 (ANI): The International Monetary Fund (IMF) has rejected Pakistan’s proposed sales tax exemption on electric vehicles (EVs), stressing that the tax rates should remain in line with standard policies, The Express Tribune reported. The IMF has raised objections to tax concessions under Pakistan’s EV policy, especially the exemption on the local sale of components of electric vehicles, The Express Tribune reported, citing sources. Pakistan’s Ministry of Industries and Production had recommended the tax relief to boost EV adoption. However, the global lender oppo…

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