Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pakistan Eliminates “Non-Filer” Status, Enforcing Penalties
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Pakistan Tax Reforms
PhotoNews Pakistan > Business > Pakistan Eliminates “Non-Filer” Status, Enforcing Penalties
Business

Pakistan Eliminates “Non-Filer” Status, Enforcing Penalties

Web Desk
By Web Desk Published September 27, 2024 2 Min Read
Share
Federal Board of Revenue of Pakistan
SHARE

Finance Minister Senator Mohammad Aurangzeb has declared the government’s intention to abolish the term “non-filers” and introduce stringent penalties for those who do not report their income. These measures will significantly restrict their everyday activities.

In a Thursday interview with VOA, Aurangzeb revealed that the government possesses detailed data on non-filers, including their lifestyle choices, vehicle ownership, and international travel habits. “We have reached a stage where leniency is no longer viable. Those concealing their income and avoiding taxes will face limitations on accessing numerous vital services,” he stated.

Aurangzeb outlined intentions to lighten the tax load on salaried individuals and broaden the tax base to encompass retail, wholesale, agriculture, and real estate sectors. “Our goal is to alleviate the burden on the working class while ensuring that sectors previously exempt from tax start contributing fairly,” he explained.

Read: Pakistan Set to Secure Final IMF Bailout Package on September 25 : Finance Minister

Addressing the IMF’s concerns about debt repayment, the minister mentioned that the government has put forward a robust economic reform plan. “Implementing these reforms was imperative, and we are committed to integrating all untaxed groups into the system,” he said.

Despite a 29% rise in tax revenues last year, Aurangzeb noted that Pakistan’s tax-to-GDP ratio still stands at 9%—too low to secure economic stability. He acknowledged financial support from China and Saudi Arabia, which helped secure a $7 billion IMF loan, but emphasized the need for comprehensive reforms. “For Pakistan to escape the cycle of IMF programs, we must implement significant reforms to achieve long-term economic stability,” he added.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Kim Kardashian Joins Study of Mysterious Comet 3I/ATLAS

Kim Kardashian Joins Scientific Quest to Study Mysterious Interstellar Comet

PIA Flight Cancellations: Aircraft Engineers' Protest

PIA Flight Disruptions Continue as Protest Enters Second Day

FBR tax linking 2025

FBR Mandates Linking for Taxpayers with Income Above Rs 500,000

Post Archives

More Popular from Photonews

Hike in Petrol Price Novemver 2025
Pakistan

Pakistan Petrol Price Rises Rs2.43, Diesel Up Rs3.02

2 Min Read
Russian scholarship Pakistani students
Pakistan

Russia Opens Scholarship Programme for Pakistani Students for 2026-27 

2 Min Read
Sui Northern Gas Pipelines Limited
Pakistan

Pakistan’s Gas Network at Crisis Point as Pipeline Pressure Breaks Safety Limit

2 Min Read
Khyber Pakhtunkhwa

Hailstorm and Heavy Rain Disrupt Upper Dir and Swat, Damage Crops

A powerful hailstorm and heavy rainfall struck the Khyber-Pakhtunkhwa districts of Upper Dir and Swat. The…

November 4, 2025
Entertainment

Charlie Sheen Clarifies Past Hookups with Men, Denies Specific Acts

Actor Charlie Sheen has provided further clarification regarding his recent revelations about past sexual encounters with…

November 2, 2025
Offbeat

Chinese Astronauts Make History with First Space Barbecue on Tiangong

Astronauts aboard China's Tiangong space station have achieved a culinary milestone. They have become the first…

November 5, 2025
Entertainment

Bianca Censori Returns to Social Media, Teases Fashion Brand

Bianca Censori has made a prominent return to social media, ending a six-month hiatus to announce…

November 3, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?