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