Non-tax filers to face restriction on purchasing property, car: FM

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MG News | October 02, 2024 at 11:03 AM GMT+05:00

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October 02, 2024 (MLN): Federal Minister for Finance, and Revenue Muhammad Aurangzeb on Tuesday said that non-tax filers will have to face restrictions on purchasing property, vehicles, and opening of a bank account. 

The government is taking serious measures to expand tax network in the country and for this, some restrictions have been imposed on non-filers, he said while talking to a private television channel, as APP reported.

Whole sale sector, distributors, retailers, and real estate would be brought into tax-net in a proper manner, he said.

Subsidy on wheat and sugarcane would be reduced through phase-wise system, he said.

In reply to a question, he said, "we have decided to implement tax uniformity in all the provinces of Pakistan. All the provinces would sign new financial agreement to strengthen the system."

To a question about increasing the number of tax filers, he said, five hundred thousand more filers have brought into the tax-net this year.

"Through NADRA and other resources, we have received the data of the people, he said. He made it clear that high-income earners would have to pay proper taxes to the government," Aurangzeb said.

Copyright Mettis Link News

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