PM orders widening tax base
Govt won’t allow anyone to become impediment to progress: Raja
Prime Minister, Raja Pervez Ashraf on Monday said widening the tax base and increasing tax to GDP ratio by raising the level of collection is imperative for sustainable development in the country.
He expressed these views while presiding over a meeting of Federal Board of Revenue here at the PM House this afternoon. The Chairman FBR Mr Ali Arshad Hakeem informed the meeting that tax collection had doubled since 2008 from Rs 01 trillion to Rs 2 trillion this year. He said also there was recorded an increase of 22 percent in the tax revenues this year as compared to the last year. The meeting was informed that there were 805,000 registered tax payers of which 260,000 people paid taxes consecutively for three years. The Prime Minister said the self-respect of the tax payers should be protected and a taxation structure aimed at enhancing revenues be streamlined in a manner where a culture of voluntary tax payment is promoted.
The Prime Minister said that a large segment of Pakistan’s economy was informal, depriving the national exchequer of its due share and acting as a hindrance for economic planning and development. The menace of capital flight to tax havens has deprived the country of its true potential for development and progress, he added.
The Prime Minister said demand for cars, luxury goods and housing reflected the availability of wealth in the country. Unfortunately tax base is not commensurate to this phenomenon, he regretted.
The Prime Minister urged the FBR to plug leakage of taxes and bring elite groups of the society into the tax net. The meeting was attended by Dr Abdul Hafeez Shaikh Minister for Finance, Syed Naveed Qamar Minister for Defence, Syed Khursheed Ahmed Shah Minister for Religious Affairs, Farooq H. Naek Minister for Law, Dr Nadeem ul Haq Deputy Chairman Planning Commission and senior officials.
Meanwhile, Prime Minister Raja Pervez Ashraf on Monday said that the government would not allow anyone to become an impediment in its attempt to carve a better future for Pakistan’s younger and future generations.
Addressing a ceremony organised by the National Highway and Motorway police in Islamabad, the prime minister said that his government believed in the importance of a system based on merit.
He said the government was determined to secure the future for the country’s younger generations, adding that, it would not allow anyone to become an obstacle in this pursuit.
Prime Minister Ashraf said terrorism and extremism were daunting challenges for Pakistan, adding that, law enforcement personnel had been sacrificing their lives to counter them.
The premier added that the responsibilities of law enforcement agencies had increased in the prevailing circumstances.
He said the government was working with the objective of protecting the lives and properties of the public.
The prime minister added that the police would have to create its space in the hearts of the people through its acts and its attitude.