Everyday News

Govt urged to tax real estate, retailers to find avenues for revenue mobilisation

KARACHI: A high-profile body, on Wednesday, requested the government to tax the real estate sector and retailers in order to find avenues for revenue mobilisation. 

invest with imarat

Islamabad’s emerging city centre

Learn More

The suggestion was made to Prime Minister Shehbaz Sharif a few months ago. 

The committee members who attended the meeting included Finance Minister Ishaq Dar, Special Assistant to the PM (SAPM) on Finance Tariq Bajwa, SAPM on Revenue Tariq Pasha, Reforms and Revenue Mobilisation Commission Chairman Ashfaq Tola and Federal Board of Revenue (FBR) Chairman Asim Ahmad.

The committee asked private members who held important positions in the private sector to pour in their suggestions to find ways to collect more revenue.  

For news and blogs, visit Graana.com

 

Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

Recent Posts

Punjab Approves PKR 15.76 Billion Development Projects for Roads, Wildlife, and Tourism

Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…

19 hours ago

LCCI establishes Rs3m Emergency Fund for KPK flood-hit people

LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…

3 days ago

Saudi Banks’ Lending Surges to SR3.2 Trillion in June, Propelled by Corporate Demand

RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…

3 days ago

CDA Sets 3-Month Deadline for Rs1.4B T-Chowk Flyover

ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…

4 days ago

Future Salalah City Announced: 60,000-Resident Urban Project to Transform Dhofar

SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…

5 days ago

Approval Granted for Gwadar’s Eastbay Expressway Phase II

Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…

1 week ago