AGL 38.99 Decreased By ▼ -0.59 (-1.49%)
AIRLINK 131.56 Increased By ▲ 0.34 (0.26%)
BOP 6.78 Decreased By ▼ -0.03 (-0.44%)
CNERGY 4.66 Decreased By ▼ -0.05 (-1.06%)
DCL 8.55 Increased By ▲ 0.11 (1.3%)
DFML 41.18 Decreased By ▼ -0.29 (-0.7%)
DGKC 81.79 Decreased By ▼ -0.30 (-0.37%)
FCCL 32.78 Decreased By ▼ -0.32 (-0.97%)
FFBL 72.50 Decreased By ▼ -0.37 (-0.51%)
FFL 12.53 Increased By ▲ 0.27 (2.2%)
HUBC 110.80 Increased By ▲ 0.06 (0.05%)
HUMNL 14.12 Decreased By ▼ -0.39 (-2.69%)
KEL 5.15 Decreased By ▼ -0.04 (-0.77%)
KOSM 7.63 Increased By ▲ 0.02 (0.26%)
MLCF 38.80 Decreased By ▼ -0.10 (-0.26%)
NBP 63.15 Decreased By ▼ -0.86 (-1.34%)
OGDC 190.70 Decreased By ▼ -2.12 (-1.1%)
PAEL 25.46 Decreased By ▼ -0.22 (-0.86%)
PIBTL 7.39 Increased By ▲ 0.05 (0.68%)
PPL 151.70 Decreased By ▼ -2.37 (-1.54%)
PRL 25.61 Decreased By ▼ -0.22 (-0.85%)
PTC 17.35 Decreased By ▼ -0.46 (-2.58%)
SEARL 81.23 Decreased By ▼ -1.07 (-1.3%)
TELE 7.75 Decreased By ▼ -0.01 (-0.13%)
TOMCL 33.25 Decreased By ▼ -0.21 (-0.63%)
TPLP 8.39 Decreased By ▼ -0.10 (-1.18%)
TREET 16.90 Increased By ▲ 0.28 (1.68%)
TRG 58.23 Increased By ▲ 0.83 (1.45%)
UNITY 28.10 Increased By ▲ 0.59 (2.14%)
WTL 1.35 Decreased By ▼ -0.02 (-1.46%)
BR100 10,476 Decreased By -28.2 (-0.27%)
BR30 31,004 Decreased By -221.9 (-0.71%)
KSE100 97,855 Decreased By -224.9 (-0.23%)
KSE30 30,462 Decreased By -96.9 (-0.32%)

Adviser to Prime Minister on Finance, Economic Affairs and Revenue Miftah Ismail said on Monday that the government is taking several measures for enhancing tax net to increase revenue, with the consultation of all provisional stakeholder. "The mobilization of domestic resources through reforms in taxation is essential to ensure sustainable financing of development as government would not depend on foreign loan," he mentioned in an interview with private news channel.
While appreciating former Finance Minister Muhammad Ishaq Dar he said that Dar contributed for country's economic stability and growth. He assured that in a month, "We will take further steps to make our economy more strong through tax reforms."
"We want to facilitate the new tax filers and lessen the tax burden on middle class citizens for balancing tax distribution," he said. He further said that the government in recent months has stabilized the rupee and adjusted tariffs on imported goods to boost exports to reduce growing balance of payments. Ismail said that the government planned tax reforms to focus on widening the tax base, simplifying tax structures, slashing personal tax rates to encourage more people to file returns.

Copyright News Network International, 2018

Comments

Comments are closed.