Dar asks FBR to consult stakeholders on budgetary proposals

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Finance Minister Senator Ishaq Dar has asked the FBR officials involved in budget making process to consult all stakeholders including chambers, professional bodies and industry representatives in finalizing budget proposals.

Chairing a meeting to review budget process at the FBR on Sunday, the finance minister said they had 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.

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 minister underlined that they had 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.