PM Imran Khan directs to reform tax regime to help grow economy

Government of PakistanPM Imran Khan directs to reform tax regime to help grow economy

ISLAMABAD, Pakistan: Prime Minister Imran Khan has directed that the tax regime be reformed and structured in such a way that facilitates businesses and helps the economy to grow.

While chairing a meeting regarding tax reforms in Islamabad on Friday, the prime minister said that the objective of tax reforms is to make the tax code simple and plug existing loopholes in the system.


The prime minister said that the tax reforms are aimed at reducing discretionary powers of tax collectors and tax practitioners besides introducing automation to ensure transparency of the tax system.

Imran Khan directed to especially focus on the issue of flying invoices.

The meeting was attended by the Minister for Economic Affairs Khusro Bakhtiar, the Minister for Finance and Revenues Dr. Abdul Hafeez Shaikh, the Minister for Planning, Development and Special Initiatives Asad Umar, the Minister for Industries and Production Hammad Azhar, the Prime Minister’s Adviser for Institutional Reforms Dr. Ishrat Hussain, the Prime Minister’s Special Assistant on Revenue Dr. Waqar Masood, the Prime Minister’s Special Assistant on Power Tabish Gohar, the Prime Minister’s Special Assistant on Petroleum Nadeem Babar, the Chairman Board of Investment (BOI) Atif R. Bokhari and other Senior Officers.

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Murad Ali Shah elected as CM Sindh for third consecutive term

KARACHI, Pakistan: Syed Murad Ali Shah of Pakistan People’s Party (PPP) was elected as the Chief Minister of Sindh Province on Monday for the...

Interbank Dollar Rate Today in Pakistan – 26 February 2024

Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for February 26,...

Maryam Nawaz elected as Chief Minister Punjab

LAHORE, Pakistan: The Pakistan Muslim League-Nawaz (PML-N) Maryam Nawaz on Monday bagged 220 votes to be elected as the Chief Minister of Punjab following...

Pakistan, UAE sign MoU to boost agricultural innovation and research

ABU DHABI, UAE: Pakistan and the United Arab Emirates (UAE) on Monday signed a Memorandum of Understanding (MoU) in Abu Dhabi aimed at boosting...

AUD to INR: Australian Dollar to Indian Rupee Today – 26 February 2024

The Australian Dollar (AUD) was trading at 54.33 as per the Indian Rupee (INR) on Monday.Currently, Indians are now the second-largest migrant group in...