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Pakistan PM Sharif announces 10% super tax’ on large-scale industries

Islamabad: Pakistan Prime Minister Shehbaz Sharif on Friday announced a 10 per cent super tax on large-scale industries like cement, steel and automobile, a move he said was aimed at tackling spiralling inflation and saving the cash-strapped country from going “bankrupt.” High net worth individuals will also be subject to a “poverty alleviation tax,” Sharif announced […]