Karachi: Minister of State for Finance Bilal Azhar Kayani has underscored the government's unwavering commitment to simplifying the tax regime. He was speaking at a consultative session with members of the business community in Karachi today.
According to Radio Pakistan, the Minister of State said the government is actively working to increase direct tax collection while gradually reducing the burden of indirect and withholding taxes to facilitate ease of doing business. Highlighting the government's efforts to ensure policy continuity, he emphasized that long-term fiscal strategies are being formulated to promote growth.
Bilal Azhar Kayani also directed the Federal Board of Revenue (FBR) to establish dedicated facilitation desks and appoint focal persons to support women entrepreneurs. He invited the business community to submit comprehensive written proposals, emphasizing that the government views the business sector as a vital partner in Pakistan's journey toward sustainable economic prosperity.
The business leaders lauded the Minister of State's initiative to engage directly with the grassroots business community during the budget-making process. They expressed confidence in the government's inclusive approach to policy formulation.