Minister for Finance and Revenue Muhammad Aurangzeb has reiterated the government’s commitment to fostering collaboration among all stakeholders for a unified and efficient tax framework.

He was chairing the meeting of the National Tax Council, which was held in Islamabad today which brought together key federal and provincial stakeholders to discuss critical matters related to tax reforms and harmonization.

The meeting was held in the context of the recently signed National Fiscal Pact between the Federation and the Provinces, emphasizing the need for realizing the full tax potential from under-taxed sectors, particularly real estate, property, and agricultural income.

The agenda of the meeting focused on fostering collaboration between federal and provincial authorities to enhance tax systems, improve compliance, and boost revenue collection.

Key discussions revolved around data sharing and tax digitization, harmonization of GST, provincial tax reforms and broader tax base.

The Council emphasized the importance of cohesive policy implementation, capacity building, and robust stakeholder engagement to achieve sustainable reform goals.