Thursday, 22 April 2021, 08:03:30 am
PM directs for restructuring and reforming tax regime to facilitate businesses
March 05, 2021

Prime Minister Imran Khan has directed that tax regime be reformed and structured in such a way that facilitate businesses and help the economy to grow.

Chairing a meeting regarding tax reforms in Islamabad on Friday, he said the objective of tax reforms is to make tax code simple and plug existing loopholes in the system.

The Prime Minister said the tax reforms are aimed at reducing discretionary powers of tax collectors and tax practitioners besides introducing automation to ensure transparency of tax system.

The Prime Minister directed to especially focus on the issue of flying invoices. He also directed to ensure that no additional burden is put on the masses.