ISLAMABAD – Finance Minister Asad Umar has underlined the need to bringmore and more people into the tax net through information technology.
He was presiding over meetings of Economic Advisory Council sub-groups onNational Financial Inclusion Strategy and Fiscal Sector in Islamabad today(Saturday).
The Finance Minister urged the sub-groups of Economic Advisory Council toexpedite their recommendations to finalize the National Financial InclusionStrategy.
He emphasized on diligently time-lining the goals, targets and actions tobe taken and cautioned against delaying the implementation process of thestrategy.
SBP Governor Tariq Bajwa presented the National Financial InclusionStrategy at the meeting to improve quality and increase access to financialservices in the country.
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FBR representatives made a presentation on the problems currently ailingtax administration system, and ad-hoc-ism of tax policy.
The sub-group also considered solutions to fix crippling tax system byrecommending policy measures targeting two major areas, tax administrationand tax policy.
