Budget tax measures to give Pakistan more economic growth: Dar

Ishaq Dar addressing budget speech

ISLAMABAD, June 02(TNS): The tax measures announced in the Budget for Fiscal Year (FY) 2017-18 will improve the well-being of the general public, and empower Pakistan to attain workable and all-encompassing economic growth, said Federal Finance Minister Senator Ishaq Dar here on Friday.

“The tax measures proposed in the budget for FY 2017-18, are based on wide consultations with all important stakeholders,” he said while chairing a meeting at the Ministry of Finance on matters related to the Federal Board of Revenue.

Special Assistant to Prime Minister on Revenue, Haroon Akhtar Khan, Finance Secretary, Secretary EAD, Chairman FBR, and senior officials of the Ministry of Finance and FBR attended the meeting.

FBR Chairman briefed the Finance Minister on the improvement in tax collection during the current fiscal year, and the targets for FY 2017-18.

Finance Minister urged FBR to take all necessary measures to meet the tax collection target for the current fiscal year. “The government will welcome all constructive and positive suggestions regarding the budget from parliamentarians during the ongoing budget session in Parliament,” he added by saying. He directed FBR to finalize a tax revenue collection strategy for the next year in a timely manner in order to successfully chase the tax collection targets for FY 2017-18.