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Dar stresses focusing on expanding tax net

Dar stresses focusing on expanding tax net

ishaq darFinance Minister Senator Muhammad Ishaq Dar has emphasised for focusing on expanding the tax-net and enabling the government to find fiscal space for allocation of funds in development of energy and infrastructure.

He was chairing a meeting to review budget process at Federal Board of Revenue in Islamabad on Sunday.

The Finance Minister was briefed by the Chairman FBR on the broad outlines of the measures being considered for inclusion in the proposals, with the objective to broaden the tax base and encourage documentation of economy.

Ishaq Dar directed the officials involved in budget making process to consult all stakeholders including chambers, professional bodies and industry representatives in finalising budget proposals.

He underlined the need of working with whole dedication for uplift of country. He said the taxpayers should be facilitated by simplifying tax reporting. He said the overall economic vision must be roped in the budgetary proposals.

The Minister said we have to work with complete sincerity and dedication to take the country forward.

Advisor to the Finance Ministry Rana Assad Amin and senior officials of the Finance Ministry and FBR attended the meeting.

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