Govt to bring 5m traders under tax net regime: Dar

ISLAMABAD: Minister for Finance Ishaq Dar on Wednesday said the government was taking concrete steps to bring 5 million traders under the tax net regime. Finance Minister said that government would conduct population census in 2016 and those having National Tax Number (NTN) would be exempted from tax deduction. Talking to a private TV channel, the minister stressed the need for ensuring political stability for economic stability in the country.

He said that the government has already achieved $20 billion against the set target of US $19 billion till December 31, 2015.

Replying to question, he said that Pakistan has so far received $4.76 billion from international Monetary Fund (IMF), While we have returned $4.50 billion loan to the Fund. “We have returned $1 billion IMF loan, while we have also returned $3.2 billion loan of previous government, “he remarked. Finance Minister stressed the need for enhancing exports for the socio- economic prosperity of the country. Minister said that the Sindh government had showed interest in the purchase of Pakistan steel mill, adding, the losses of the mill can be reduced by eliminating the ghost employees from the organisation.


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