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Govt to Consider Proposal to Impose More Tax on Rich People

Pakistan’s Finance Minister, Mr. Ishaq Dar, presided over a meeting of the Reforms and Resource Mobilisation Commission (RRMC) in the Finance Division, according to the most recent information. Ashfaq Tola, the chairman of the RRMC, delivered an interim report with recommendations and a list of tax changes that could be included in the future budget for 2023–24. The report also advocated raising taxes on the wealthy and providing aid to Pakistan’s impoverished.

Read More: Govt Won’t Freeze Foreign Currency Accounts: Minister

Many people attended the meeting to make it more valuable, such as:

  • FBR Chairman
  • Secretary Finance
  • SAPM on Finance Mr. Tariq Bajwa
  • SAPM on Revenue Mr. Tariq Pasha
  • Other seniors officers from Finance Division, FBR, and RRMC

Ishaq Dar was grateful for the RRMC’s work in examining the problems and difficulties with the current taxing system. He also valued their recommendations for changes to tax laws that would facilitate taxpayer facilitation, business facilitation, and resource mobilisation in order to promote sustainable economic growth.

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