January 12, 2019 (MLN): The government plans to announce second mini budget in five months on January 23, 2019.
The government had earlier planned to announce the mini budget on Jan 21, 2018, however it is expected that Prime Minister Imran Khan will be on foreign visit.
Finance Minister Asad Umar while addressing members of Karachi Chamber of Commerce said that the government now planned to announce mini budget on January 23 and will do away all the anomalies attached the federal budget.
The government has also abolished the powers of FBR to notify SROs. The finance minister said that any change in current tax structure could only be carried out through parliament.
Asad Umar said the government is striving to create conducive environment for encouraging ease of doing business and attracting foreign investment to uplift the economy.
He said economy is a core component of our foreign policy and we are committed to promote trade and investment in the best interest of the country.
Asad Umar said uplift of the country's economy will also increase employment opportunities in the country.
He said that the incumbent government is bringing such type of economy which will uplift the living standard of downtrodden segment of the society through removing all the hurdles in their live.
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