Govt moves to broaden tax base: FinMin

MG News | April 23, 2025 at 09:21 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 23, 2025 (MLN): The government is taking significant measures to broaden and deepen the tax base, as highlighted by the Finance Minister Muhammad Aurangzeb, during a panel discussion on “Revenue Mobilization in the Medium Term” organized by the International Monetary Fund (IMF) at the 2025 Spring Meetings in Washington, D.C.

The Finance Minister emphasized efforts to enhance the contribution of agriculture, real estate, retail, and wholesale sectors in line with their share in the national GDP.

He outlined plans to transform the Federal Board of Revenue (FBR) through improvements in people, processes, and technology, as well as reducing the interface between taxpayers and tax collectors.

He also spoke about strengthening enforcement and compliance, and implementing customized audits using artificial intelligence (AI), as per the press release.

Aurangzeb underscored the importance of building trust between the tax collecting agency and the people.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,062.89 130.24M	-0.61% -1070.68
ALLSHR	106,055.59 344.69M	-0.48% -513.23
KSE30	52,287.26 40.09M	-0.72% -376.64
KMI30	246,384.03 44.36M	-0.59% -1454.39
KMIALLSHR	67,977.59 163.89M	-0.41% -278.21
BKTi	49,840.14 17.55M	-0.80% -403.75
OGTi	34,563.43 1.73M	-0.17% -58.99

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,010.00	66,840.00 65,890.00	-510.00 -0.77%
BRENT CRUDE	92.99	93.25 91.31	1.98 2.18%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.75 -0.70%
ROTTERDAM COAL MONTHLY	119.65	120.25 119.50	-0.25 -0.21%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	86.15	86.39 84.44	1.81 2.15%
SUGAR #11 WORLD	14.90	14.97 14.76	0.08 0.54%