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Private sector should play role in economic recovery: Aurangzeb

Summary
FAISALABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said Pakistan has been put on a right direction; however, the private sector must play its due role in complete recovery of national economy. He was addressing the business community during third All Pakistan Chambers Presidents Conference at the Faisalabad Chamber of Commerce & Industry (FCCI) here on Saturday. The finance minister said that he had initiated con…
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Islamabad PostIslamabad Post

Measures to broaden tax base eased exchequer's burden: FinMin Aurangzeb - Islamabad Post

ISLAMABAD, Feb 22: Finance Minister Muhammad Aurangzeb said on Saturday that the government’s move to expand the tax base reduced the burden on the national treasury. Speaking in Faisalabad, the finance czar affirmed that Pakistan’s economy is moving towards improvement, driven by key reforms. Aurangzeb emphasised that a lower policy rate has also benefited business owners and ongoing economic stability measures were yielding positive results. H…

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Daily Lead PakistanDaily Lead Pakistan

All sectors will have to come to tax net for national interest: Aurangzeb

Says IMF team will arrive in Pakistan on February 24 to hold discussions on climate fund ISLAMABAD Finance Minister (FM) Muhammad Aurangzeb has said all sectors will have to come to tax net for national interest. The process of consultation with representatives of all sectors including retail has been started in new federal budget, he said this while addressing an event organized by Pakistan Retail Business Council in Islamabad on Thursday He em…

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Business RecorderBusiness Recorder

Pakistan cannot afford ‘free riders’: Aurangzeb calls for fairer tax contribution

Finance Minister Muhammad Aurangzeb stressed the need to bring the undocumented economy into the tax net, saying the country cannot afford ‘free riders’. “We cannot continue to go back to the same for more. The manufacturing industry, to a certain extent the services industry and the salaried class are carrying a disproportionate burden. “This is not sustainable, and the only way we are going to bring in sustainability if other segments includin…

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Business Recorder broke the news in on Thursday, February 20, 2025.
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