Finance Minister Muhammad Aurangzeb says the government is considering strategies to broaden the tax base by incorporating wholesale, retail, real estate and agriculture sectors into the tax framework.
Chairing an introductory meeting with the board members of Federal Board of Revenue in Islamabad today, he also stressed the urgent need for digitizing the FBR to enhance transparency and efficiency in tax collection. He said these initiatives would focus on enhancing tax collection through improved FBR governance, comprehensive documentation of the economy and full-scale digitization.
The Minister said implementing digital solutions is pivotal to modernizing country’s tax administration. He said by leveraging technology and enhancing transparency, we can build a more equitable tax system that fosters economic growth and benefits all citizens.
The meeting concluded with a firm commitment from both sides to work towards promoting the welfare of the Pakistani people.
Muhammad Aurangzeb praised the dedication
of the FBR team and pledged government’s full support in implementing transformative measures.
Source: Radio Pakistan