Govt moves to broaden tax base: FinMin

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

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	162,182.93 350.65M	-0.69% -1121.20
ALLSHR	98,813.08 974.93M	-0.57% -567.90
KSE30	49,428.36 136.74M	-0.83% -414.15
KMI30	235,682.29 83.45M	-1.02% -2421.87
KMIALLSHR	64,960.47 462.40M	-0.96% -630.48
BKTi	45,434.11 67.03M	-0.59% -271.18
OGTi	32,157.46 7.62M	-1.57% -513.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,345.00	116,570.00 113,495.00	4605.00 4.16%
BRENT CRUDE	65.34	66.64 65.06	-0.60 -0.91%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	92.60	0.00 0.00	0.45 0.49%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.90	62.17 60.67	-0.60 -0.98%
SUGAR #11 WORLD	14.73	15.04 14.72	-0.24 -1.60%