The Federal government imposes a 10 percent `super tax` on 13 large industries to raise an additional Rs____ billion in revenue.

A. Rs265 billion

B. Rs365 billion

C. Rs465 billion

D. Rs565 billion

Details:

The coalition government announced new tax measures on Friday, including a 10 percent ‘super tax’ on 13 large industries to raise an additional Rs465 billion in revenue, in an attempt to trim the budget deficit to revive the stalled International Monetary Fund (IMF) loan programme.