Islamabad, May 18, 2014 (PPI-OT): Finance Minister Senator Ishaq Dar chaired a meeting to review Budget process at the FBR today. The Finance Minister was briefed by the Chairman FBR on the broad outlines of the measures being considered for inclusion in the proposals, with the objective to broaden the tax base and encourage documentation of economy. Members FBR in their respective area assisted the Chairman.
The Finance Minister said to the officials involved in budget making process to consult all stakeholders including chambers, professional bodies and industry representatives in finalizing budget proposals. He said that we have to focus on expanding the tax net and enabling the government to find fiscal space for allocation of funds in development of energy and infrastructure.
He underlined that we have to work with whole dedication for the uplift of country. He added that the taxpayers should be facilitated by simplifying tax reporting. He emphasized that the overall economic vision must be roped in the budgetary proposals.
He added that we have to work with complete sincerity and dedication to take the country forward. Rana Assad Amin, Advisor to the Finance Ministry and senior officials of the Finance Ministry and FBR attended the meeting.
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