Pakistan Will Go All Out To Complete The Target Of 5 Trillion And 500 Billion Rupee Taxation.

According to the Pakistan forum express June 13th, Sheikh, the financial adviser of Pakistan's prime minister, issued a tough speech at a press conference on Wednesday.

Reported that the industry is generally opposed to the abolition of the government's textile, clothing, medical equipment, sports products, leather manufacturers Zero sales tax decision.

According to the government's plan, Pakistan's Federal Tax Commission (FBR) needs to keep tax growth at a rate of 35% years to 5 trillion and 500 billion rupees. Many people think that this is an unrealistic task. The tax measures announced by the government seem to be insufficient to support this goal.

Reported that Pakistan's tax target is to meet the International Monetary Fund (IMF) 6 billion U.S. dollar relief plan requirements.

Sheikh said the IMF board is expected to accept Pakistan's request within 3-4 weeks, and the two sides have reached a working level agreement.

Sheikh admits that the target of 5 trillion and 500 billion rupee taxation is not easy to achieve.

He also insisted that the new tax policy would not increase the burden on the poor.