ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin has said that the government firmly believes in a Pro-people Budget by following a consultative process with all stakeholders on board.
Chairing a consultative meeting with senior representatives of Pakistan Business Council, Pak-US Business Council and Overseas Investment Chamber of Commerce and Industry, the minister said that the underlying rationale is to achieve an all-inclusive sustainable economic growth by seeking valuable input from investors, traders and business community.
The Finance Minister underlined that Pakistan has witnessed V-shape recovery amid pandemic due to prudent policies of the Government.
Commenting on Federal Budget, the Finance Minister assured that the upcoming Budget envisages maximum relief to the common man.
He said the Government will come up with innovative out-of-the-box alternatives to achieve the revenue targets, by providing incentives and facilities, besides broadening the tax base rather than new taxes. There will be no regressive taxation and stern action will be taken against tax evaders.
The Finance Minister directed to constitute a Consultative Committee comprising of representatives of PBC, OICCI and FBR to workout proposals with mutual consultation on regular basis.
