ISLAMABAD: Federal Finance Minister Ishaq Dar has formed committees to improve the country’s rating on ease of doing business index by the World Bank as well as broadening of tax base.
Pakistan Business Council Chief Bashir Ali Mohammad has been named chairman of the committee, while BOI chairman/secretary, secretary commerce, FBR chairman or his nominee FBR member(s), chief secretaries from all the four provinces (or their nominees not less than the level of secretary), FPCCI President Mian Mohammad Idress, Overseas Investors Chamber of Commerce & Industries, Karachi President Abdul Aleem, and presidents of Karachi, Lahore, Peshawar and Quetta chambers of commerce and industries will be members of the committee.
The minister has also constituted a committee on broadening of tax base. The committee has the task to review and rationalise direct and indirect taxes with a view to broadening the net. It also has to recommend and discuss new tax measures. It has to provide input on different tax policy issues enabling the government to adopt a pluralistic view representing divergent interest group, and at the same time enhance tax revenues.
