The govt. has announced additional tax rises worth PKR 600Bn, including levies on salaried persons and consumable goods, withdrawn exemptions, and increased duties on imports to plug a revenue shortfall in FY20 caused by flagging economic growth. The govt. has abolished zero-rating regime for five export-oriented sector, imposing 17% GST on manufacturers that would fetch PKR 85-90Bn. It has. It however slapped GST at reduced rate of 15% at retail stage.