IMF-driven tax reforms to target large agricultural landowners: President

July 10, 2024 (MLN): The government was planning to tax agricultural income as per the International Monetary Fund's conditions, however, the provincial governments would be leading the initiative to tax large land-holding farmers in accordance with their profitability and expenditures.

According to a press release issued yesterday, the president made these remarks while addressing the Professor Waris Mir Memorial Seminar, in Lahore.

He has called for adopting a holistic approach and prudent financial policies to put the country on the path of development.

He said that different sectors of the economy, especially the agricultural sector, needed to be developed along modern lines.

A large number of journalists, academicians, political workers, and members of the civil society attended the event.

The President also paid rich tribute to the services and contributions of Late Professor Waris Mir towards democracy and journalism.

Senior Journalist Hamid Mir, while speaking on the occasion, called for putting an end to the culture of political victimization and upholding the 1973 Constitution in its true spirit.

Senior Journalist Sohail Warraich paid tribute to the services of the late Professor Waris Mir for journalism and democracy.

Appreciating the political wisdom and the reconciliatory role of the President, he said that the country was in dire need of political reconciliation and the President could play an instrumental role in addressing the political and economic issues faced by the country.

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