A new app for further Tax Collection has been launched by FBR.

At a press conference in Islamabad, Muhammad Aurangzeb stated that a consultative process is underway to improve the budget scheme and that policies must be formulated that consider the needs of different social classes and sectors.

He added that it is crucial to include all social classes in Pakistan, as the country's system cannot function while ignoring any of them. It is the government's responsibility to provide a simple and efficient system for a country with a population of 250 to 260 million, and making the system simple and effective for the population is the government's top priority.

The finance minister indicated that the tax scheme has been simplified and is optional for small business owners. If they wish, they can opt for the regular tax system instead of this scheme.

Muhammad Aurangzeb noted that significant changes have been introduced in the new scheme for business owners and that a clear distinction has been established between small business owners and other business sectors.

The government is working to integrate all social classes into the tax system, and no class should complain about paying more taxes than others. The Minister of Finance called on businesses to adhere to the new plan and take full advantage of its benefits.

Necessary measures will be taken against those who do not participate. The government's objective is to integrate all business sectors into the national tax system and ensure their inclusion in the fiscal framework. Cooperation from relevant stakeholders is essential for the success of the new plan.

 

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