Pakistan, June 22 -- ISLAMABAD - The International Monetary Fund (IMF) has twice rejected the Federal Board of Revenue's (FBR) proposal to grant a 25 percent tax rebate to teachers and researchers starting July 1, 2025. FBR Chairman Rashid Mahmood Langrial informed the National Assembly Standing Committee on Finance about the IMF's decision on Saturday.

Langrial explained that the IMF turned down the request due to the need for tax harmonisation across sectors. He added that the government might consider supporting teachers and researchers through budget allocations if possible, but no immediate relief is expected.

During the committee meeting, MNA Nafeesa Shah suggested the government could provide teachers with a special allowance ins...