Target set to collect Rs.4500 billion revenue through tax in the next fiscal year: Qaiser


ISLAMABAD, April 26 (TNS): Chairman National Assembly Standing Committee for Finance, Qaiser Ahmed Sheikh on Wednesday said a target had been set to collect Rs.4500 bn revenue through tax in the next fiscal year.

The present government had introduced the amnesty scheme to broaden tax network in the country, he said while talking to a news channel. The government would not bring any drastic changes in the tax system while announcing the sixth budget in the coming days, he said.

Commenting on privatization, he said Pakistan Muslim League Nawaz (PML-N), the government wanted to privatize some institutions which were not producing results, however, Pakistan Peoples Party, Muttahida Quomi Movement and Tehrik e Insaf, had opposed the privatization of Pakistan International Airline and Steel Mills.

To a question, he said a dual road Faisalabad-Chiniot was being constructed to facilitate the people. He added that FAST campus had been established in the Chiniot area. He said all-out efforts were being made to enhance GDP growth rate to 7 percent so that more job opportunities could be created for people of the country.

To another question about next general elections, he said the people will vote to those candidates of the parties who delivered and performed well.