Prime Minister Imran Khan has said as the broadening of tax base had vital importance in stabilization of country’s economy, modernization of the Federal Board of Revenue is part of the government’s priorities.
Presiding over a briefing session about reforms in FBR and tax system in Islasmabad, he directed for introducing technology in the FBR and tax system so that transparency of the system could be ensured.
Prime Minister directed that special focus should be given on the elimination of unnecessary withholding taxes.
He further said system for taxpayers specially the system of tax returns should be made easy.
Stressing on the importance of making the tax system easy for Small and Medium Enterprises, he said since the promotion of SMEs was the government’s foremost priority, special focus should be given on the facilitation of traders in this sector.
Earlier, Special Assistant to the Prime Minister Dr Waqar Masood briefed the prime minister in detail about reforms in the FBR and tax system.