ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzeb has said that the government would make efforts to ensure that next International Monetary Fund (IMF) program was the last one and formulate such economic policies that move the country towards self-sufficiency.
He said that retailers would also be brought into the tax net to increase revenue through reforms in the Federal Board of Revenue (FBR).
Winding up discussion on the budget 2024-25 in the National Assembly, he said on the directions of Prime Minister Shehbaz Sharif, the process of simplicity and austerity would be continued in the upcoming fiscal year 2024-25.
The minister said action would be taken against the retailers from the 1st July failing to register them with FBR Tajir Doost Scheme.
He said the budget for the next fiscal year was aimed at reducing the fiscal deficit by focusing on measures that enhance the government’s revenues and reduce unnecessary expenditures.
