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Finance Minister Unveils Pakistan Economic Survey 2024-25

Finance Minister Aurangzeb shares more bad news for non-filers

by Arshad Khan
October 2, 2024
in Economy
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To a question about increasing the number of tax filers, he said, 500,000 more filers have been brought into the tax net this year.

Federal Minister for Finance and Revenue Muhammad Aurangzeb has said that non-tax filers will have to face restrictions on purchasing property, vehicles, and opening a bank account.

The government is taking serious measures to expand the tax network in the country and for this, some restrictions have been imposed on non-filers, he said while talking to a private television channel.

The wholesale sector, distributors, retailers, and real estate would be properly brought into tax-net, he said.

Subsidy on wheat and sugarcane would be reduced through a phase-wise system, he said.

In reply to a question, he said, we have decided to implement tax uniformity in all the provinces of Pakistan. All the provinces would sign new financial agreements to strengthen the system, he said.

To a question about increasing the number of tax filers, he said, 500,000 more filers have been brought into the tax net this year.

Through NADRA and other resources, we have received the data of the people, he said. He made it clear that high-income earners would have to pay proper taxes to the government.

Tags: NADRAPakistan
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