ISLAMABAD: Despite enabling legislation passed by all the four provincial assemblies on agriculture income tax (AIT), ongoing review talks with the International Monetary Fund (IMF) have yet to achieve final clarity on its implementation mechanism for effective collection, targeted to take effect from July 1, 2025.

Informed sources told Dawn that the visiting IMF review mission, led by Nathan Porter, spent nearly two days engaging individually with all the provinces and holding a joint technical workshop to explore the way forward for effective and uniform AIT collection.

The sources revealed that despite commitments for enhanced data sharing, the federal and provincial governments had yet to exchange negative and positive lists for general sales tax (GST), a matter of concern for the IMF. AIT remains a central theme of the $7 billion Extended Fund Facility (EFF).

According to the sources, Punjab had made initial progress in potential AIT implementation due to its largely........

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