ISLAMABAD: National Tax Council on Monday discussed the harmonization of General Sales Tax (GST) in the country.
Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting on National Tax Council at Finance Division.
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Finance Minister Punjab Mr. Muhammad Mohsin Leghari, Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha, SAPM on Finance Tariq Bajwa, SAPM on Revenue Tariq Mehmood Pasha, Secretary Finance, Chairman Federal Board of Revenue (FBR), Provincial Finance Secretaries and other senior officers of Finance Division attended the meeting.
The meeting reviewed the progress on the decisions of the last meetings of the NTC on harmonization of GST across the country.
The Finance Minister shared that in order to have ease of doing business, harmonization of GST is important. Further, GST harmonization will be a major step towards completion of policy actions under World Bank’s RISE program.
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The participants shared their opinions on the harmonization of GST. Chairman FBR and provincial stakeholders extended their consensus to proceed ahead in the spirit of greater national interest for harmonization of GST under the umbrella of National Tax Council (NTC).
In conclusion, Finance Minister Senator Ishaq Dar appreciated the stakeholders for building consensus and settlement of the decision regarding harmonization of GST for ease of doing business.
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