The salaried class is paying more than its share, give tax to salaried instead of businessmen, it won’t happen, Finance Minister – Pakistan

Finance Minister Muhammad Aurangzeb says that 43 percent of the sectors in the country pay less than one percent tax, the salaried class is paying more than its share in the GDP, how long will this country continue like this?

The Finance Minister while holding a press conference in Islamabad said that the domestic foreign exchange reserves are increasing, the inflation has decreased and the inflation level has reached the level of 9.6%, our currency is stabilizing, the policy rate is also gradually increasing. The decline is coming, our economy is headed in the right direction.

In August 2024, the inflation rate came down to 9.64 percent

The finance minister said that 43% of the sectors here pay less than one percent of tax, they are requested to shoulder the burden of the country, the salaried class is paying more than its share in the GDP, how long will this country continue like this. will Countries don’t run on charity, everyone has to play their part for its development.

FBR accepted the big demand of traders

While talking to private TV, he said that FBR’s target of tax collection will be met through digitization and enforcement, at this time there is no proposal to increase the withholding tax while providing all facilities to the businessmen and their Legitimate demands will be accepted but withdrawal of tax imposed on businessmen means that tax should be taken from salaried and manufacturing sector, this cannot happen, every sector of the society has to pay tax because without it the country cannot develop.