Court temporarily suspends additional 15% tax on banks that fail to meet lending targets – Trendy Blogger

Court temporarily suspends additional 15% tax on banks that fail to meet lending targets  

 – Trendy Blogger

The Islamabad High Court (IHC) has temporarily barred the government from collecting up to 15% additional taxes from banks that fail to meet private sector lending targets in 2024. Nearly a dozen banks have sought relief from the Islamabad High Court, protesting against the levy introduced in the 2025 federal budget. According to media reports, … Read more