Sunday, December 10, 2023

Shaukat Tarin says in the next budget, no new tax to be collected

Finance Minister Shaukat Tarin announced on Monday a decision not to add additional taxes to the 2021-22 budget. The finance minister asked for an exclusive meeting with the responsible agency.

The Pakistan-US Business Council, the Chamber of Commerce of Foreign Investors, and the Pakistan Federation of Chambers of Commerce and Industry are addressing this issue. reported 24NewsHD TV Channel.

Each organization presents its budget proposals to the finance minister to significantly increase public revenues and increase exports. Shaukat Tarin spoke to representatives of the organization and dispelled doubts about additional taxes for ordinary people and assured them that such a policy would not be followed.

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He also addressed the issue of continuing tax avoidance in the country, saying that the government will deal with taxpayers strictly while data on tax revenue will be enhanced through the use of modern technology.

In addition, steps will be taken in the coming fiscal years to improve national economic growth indicators in related economic sectors.

The Economic Advisory Board will be responsible for identifying areas for improvement, including sectors such as housing, agriculture, exports, and income.

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