Thu, February 20, 2025
Wed, February 19, 2025

Taxing Only Salaried Class is Not The Complete Solution: Finance Minister

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Finance Minister Muhammad Aurangzeb on Thursday acknowledged the heavy tax burden on the salaried class and said continuously taxing them is not a
The article from ProPakistani discusses Finance Minister Muhammad Aurangzeb's views on Pakistan's taxation system. He emphasized that relying solely on taxing the salaried class is not a comprehensive solution to the country's economic challenges. Aurangzeb highlighted the need for a broader tax base, suggesting that the government should look into taxing sectors like agriculture, real estate, and retail, which have traditionally been under-taxed. He also mentioned the importance of digitalizing the tax system to enhance transparency and efficiency, and stressed the necessity of bringing more sectors into the tax net to ensure equitable distribution of the tax burden. The minister's comments were made during a press conference where he outlined the government's strategy to reform the taxation framework to foster economic stability and growth.

Read the Full ProPakistani Article at:
[ https://propakistani.pk/2025/02/20/taxing-only-salaried-class-is-not-the-complete-solution-finance-minister/ ]