ISLAMABAD – Prime Minister Imran Khan was told Sunday that tax receipts hadsurpassed Rs 2205 billion during first six months of current fiscal,manifesting the fruition of government’s taxation reforms.
Chairing a meeting to review the tax reforms, the prime minister wasbriefed that owing to tax reforms, a growth in number of taxpayers had beenwitnessed.
Federal Minister Abdul Hafeez Shaikh, Shibli Faraz and Hammad Azhar,Advisor to PM Dr Ishrat Hussain, Special Assistant on Revenue Dr WaqarMasood, Chairman of Federal Board of Revenue Javed Ghani and relevantsenior officers attended the meeting, a PM Office press release said.
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It was told that the tax collection was being automated and taxpayers werebeing given incentives. The automation of the taxation system would enhancetransparency and reduce corruption and tax evasion.
The meeting was told that tax form had been made far easier for the smalland medium enterprises by reducing its pages from five to one and entriesfrom 200 to just 24.
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The prime minister was told that owing to the introduction of direct linkbetween FBR’s system and company through point of sale system, the receiptof sales tax had also increased.
The prime minister appreciated the federal ministers, SAPM on revenue andFBR chairman for bringing about taxation reforms.
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He viewed that the taxpayers were in fact the benefactors for the countrywho deserved applause. Moreover, he also called for measures to introducemeasures for encouragement of the taxpayers.
