The Federal Board of Revenue (FBR) conducted a briefing on Monday to present tax proposals for the upcoming budget of 2023-2024 to Finance Minister Muhammad Ishaq Dar. The meeting, held at the Finance Division, was chaired by Minister for Finance and Revenue, Senator Mohammad Ishaq Dar.
Key officials, including Minister of State for Finance and Revenue, Dr. Ayesha Ghous Pasha, Special Assistant to the Prime Minister (SAPM) on Finance, Tariq Bajwa, SAPM on Revenue, Tariq Mehmood Pasha, Chairman RRMC Ashfaq Yousuf Tola, Secretary Finance, Chairman FBR, and other senior officers from the Finance Division and FBR, attended the meeting.
READ MORE: FBR Collects Rs2.23 Billion as Capital Value Tax on Foreign Assets
During the meeting, Chairman FBR, Asim Ahmad, presented a comprehensive overview of the budgetary proposals for the Federal Budget of 2023-2024, which were thoroughly discussed.
Finance Minister Senator Mohammad Ishaq Dar reiterated the government’s commitment to formulate a business and people-friendly budget. He emphasized that the government aims to ensure economic prosperity for all sectors of the economy and equitable distribution of resources among various sectors.
READ MORE: Lady Officer of Pakistan Customs Service Dismissed for Unauthorized Absence
The briefing session provided an opportunity for FBR to present their tax proposals, which will play a crucial role in shaping the fiscal policies for the upcoming budget. The government is keen on creating an enabling environment for businesses and individuals alike, and the tax proposals are expected to reflect this commitment.
As the government focuses on economic growth and resource allocation, the upcoming budget aims to address key areas of concern and implement measures that will foster a favorable business climate. The tax proposals put forward by FBR will play a pivotal role in achieving these objectives.
READ MORE: LTO Karachi posts 24% growth in tax collection for July – April 2022-2023
The Finance Minister and the concerned officials have shown determination and a clear vision for the forthcoming budget, highlighting the government’s commitment to driving economic growth and ensuring a fair distribution of resources. The budgetary proposals will be carefully reviewed and considered before finalizing the budget for the fiscal year 2023-2024.
READ MORE: Pakistan considers expanding CVT to include all movable assets
