Aurangzeb Vows Tax Relief for Salaried Class, Urges Youth to Seize Opportunities KARACHI – Finance Minister Muhammad Aurangzeb on Monday assured that the government is committed to further easing the tax burden on the salaried class, reaffirming its pledge to make the system more balanced and fair. Speaking to reporters after attending a job fair […]
The visiting delegation was led by Ms. Esperanza Jelalian, Vice President of the US-Pakistan Business Council, and comprised senior representatives of prominent American companies and major investors active in Pakistan. Finance Minister Aurangzeb appreciated the continued interest and investments by US companies in Pakistan’s economy, and highlighted the vast potential for expanding economic cooperation between […]
The finance minister, in his address on the increasing global debt burden on developing economies, stated that Pakistan’s biggest issue has been the twin deficits in the current and fiscal accounts. He explained that the primary reason for the fiscal deficit is the unsustainable tax-to-GDP ratio, which stands at 9 to 10 percent. Efforts are […]
