Islamabad: Federal Finance Minister Muhammad Aurangzeb says that they are going to the extent of punishment for non-files, while if there is financial capacity, they will give relief to the salaried ones.
Mohammad Aurangzeb said in the press conference that former finance minister Miftah Ismail’s decision was correct and the tax on retailers should have been imposed in 2022, the tax on retailers will come into effect from July.
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The finance minister said that forty two thousand retailers have been registered in the country under the Tajir Dost scheme, and the new pension scheme will be applied from tomorrow.
He said that the non-filers are going to the extent of punishment, while the innovation of the filer is not understood, they will eliminate it.
There is no doubt that the burden on the salaried class has increased, but as soon as there is financial capacity, give relief to the salaried class.
will He said that the maximum levy on petroleum products will be seventy rupees, which is not applicable from tomorrow.
Mohammad Aurangzeb also said that positive progress is being made in the IMF program, an agreement with the IMF is expected in July, the IMF program is necessary for microeconomic stability.
The finance minister said that if the microeconomic stability is shaken, the economy will suffer a lot. We want this to be the last IMF program.
Parliament’s resolution in response to the American resolution will not affect the IMF program.