*ISLAMABAD: A delegation of Federal Board of Revenue (FBR), headed by itsChairman Jehanzeb Khan held negotiation with the officials of InternationalMonetary Fund (IMF) in connection with the expected bailout package andhinted at raise in tax collection target by Rs600bn in the next fiscalyear, sources said. *
The sources said that the FBR officials briefed the IMF officials abouttax reforms and took the officials into confidence over amnesty scheme.
They told the IMF officials that assets-declaration scheme and otherschemes would attract non-filers into tax net.
Earlier in the day, a delegation of the International Monetary Fund (IMF)arrived in Pakistan to hold talks with Pakistani officials on a three-yearbailout package for the country.
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The IMF delegation will hold technical level talks with Pakistaniofficials. During its stay in the capital, the mission will visit variousinstitutions and meet officials of the Finance Ministry, the FBR and StateBank.
