PM directs to reform tax regime to help grow economy


Islamabad: March 05, 2021 (TNS): Prime Minister Imran Khan has directed that tax regime be reformed and structured in such a way that facilitate businesses and help the economy to grow.

He was chairing a meeting regarding tax reforms in Islamabad on Friday.

The Prime Minister said the objective of tax reforms is to make tax code simple and plug existing loopholes in the system. He said the tax reforms are aimed at reducing discretionary powers of tax collectors and tax practitioners besides introducing automation to ensure transparency of tax system.

The Prime Minister directed to especially focus on the issue of flying invoices.