Tax Reform

Finmin Aurangzeb says govt dedicated to decreasing tax burden by widening tax web – Pakistan

Naveed Ahmad2 weeks ago2 weeks ago03 mins

Finance Minister Muhammad Aurangzeb on Friday mentioned that the federal government was dedicated to decreasing the disproportionate tax burden on sure courses by widening the tax web. Talking on the Geo Information program ‘Aaj Shahzeb Khanzada Kay Saath’ following the disclosing of a Rs18.8 trillion funds for the subsequent fiscal yr, Aurangzeb mentioned: “Exporters, producers,…

National

Govt eyes centralised tax model to curb official-taxpayer contact – Business

Naveed Ahmad3 weeks ago04 mins

• Field officers to lose powers to issue notices, conduct audits• Reforms aim to curb collusion, harassment• Phased rollout planned from October ISLAMABAD: The government has approved in principle a plan to introduce a centralized digital tax operating model, under which audits and assessments would be handled by “faceless” wings in Islamabad to reduce official…