Ishaq Dar chairs meeting on Federal Board of Revenue proposals

Islamabad, May 26, 2016 (PPI-OT):Finance Minister, Senator Mohammad Ishaq Dar here chaired a high level meeting to further review FBR’s budget related proposals. The meeting held Thursday had detailed discussion on proposals related to agriculture, poultry and textile sectors. Chairman FBR gave an overview of the measures proposed for inclusion in the budget 2016-17 relating to these sectors.

The Minister on the occasion said that the Government attaches due importance to well being of the farmers community and the upcoming budget must reflect measures aimed at facilitating growth of agriculture sector as a whole.

Finance Minister expressed appreciation of FBR’s continued exercise for roll back of concessionary regime in the country. He said FBR must ensure steps for effective implementation of the third and final phase of withdrawal of SROs. He said the government had the desire to ensure that all strata of tax payers were extended equal treatment and that there were no exceptions in this regard.

The Minister on this occasion gave instructions that the exercise be completed as early as possible and proposals for the budget 2016-17 must reflect the Government’s inherent desire to promote tax culture in the country while simultaneously facilitating and encouraging tax payers. Senior officials of Ministry of Finance and FBR attended the meeting.

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