Tag: Shaikh

10 ministries to be abolished, shifted to provinces in two months:...

ISLAMABAD: Finance Minister Dr Abdul Hafiz Shaikh has said that five federal ministries would be abolished and shifted to provinces under the devolution plan within the next few weeks, while the abolishment and transfer of another five would follow by the end of this year.
Following the inauguration of a seminar - Making the 18th Amendment and NFC Award Work - the federal minister told reporters that the ministries to be transferred to the provinces under the provisions of the

Hafeez Shaikh urges equitable tax system

ISLAMABAD: Minister for Finance, Revenue and Economic Affairs, Dr Abdul Hafeez Shaikh expressed that the government's chief objective is to form a fair, equitable and a corruption-free tax system. The minister said this while he was chairing a day long meeting of the tax Reform Coordination Group (RCG) on Sunday.
The RCG, which is divided into three sub-groups namely Sales Tax and Federal Excise, Income tax and Customs was formed by the Finance Minister in July 2010 to assist on