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Retailers will be taxed, every sector will have to contribute to the tax net, F. Minister

Retailers will be taxed, every sector will have to contribute to the tax net, Finance Minister

Every effort has been made, for the first time, the IT sector exported 3.2 billion dollars.

Things which have not been done for 75 years, we are now forced to do, talks with members of Karachi Chamber of Commerce

KARACHI  (  WEB  NEWS  )

Federal Finance Minister Muhammad Aurangzeb has said that we will tax retailers, because every sector will have to contribute its share in the tax net, if we don’t do it, then we will return to the salaried class. While talking to the members of Karachi Chamber of Commerce, he said that in the recent past we have tried everything, Pakistan should be given the balance of payment issue. He said that in the recent past we have tried everything. Every effort has been made, for the first time, the IT sector exported 3.2 billion dollars. The finance minister said that loans should also be given to small-scale industries. It will have to be increased to 4 billion dollars per month, I am hopeful that the State Bank interest rate will decrease gradually, at this time there is room for further reduction in the interest rate, banks have been asked to lend to farmers, small businesses. “There is scope for reduction,” he said. Moving towards the sector, the finance minister said that there are retailers, builders and real estate dopplers, agriculture is not a federal but a provincial sector. will, so that this sector can also be brought into Tuxnet, but neither you nor the fund are ready to believe that you will be able to do what could not be done in 70 years, how will it be done now. Muhammad Aurangzeb said. What I would like to say is that we are now forced to do things that have not happened for 75 years, we have now reached a level where if taxes are increased on you, on the salaried class, in one year, we They will do it. Your words are valid this year too, but where will we go next? He said that if we do not widen the tax net, if we do not bring tax defaulters into the tax net, we will go to a dead end. , if they will not implement the law for non-filers, sales tax, track and trace fraud could not be implemented. As far as the cabinet is concerned, we are not getting salary, I was in the salaried class earlier, now the one who used to get net is not getting it, it also happens that you get free electricity, we three ministers are sitting here. , I say with confidence that we are paying all utility bills and all payments from our own pockets. Finance Minister said that we are reducing our expenses at the federal level, working at the level of important ministries and institutions in this regard. Yes, the real purpose of ending PWD was to end the corruption there.
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