| Washington: In a move aimed at boosting Pakistan’s tax revenue, Finance Minister Muhammad Aurangzeb has announced new restrictions barring non-filers from purchasing properties and vehicles, signaling a tougher stance on tax compliance. At a press conference in Washington, Aurangzeb stated that the government plans to eliminate the non-filer category. This reform, he noted, is part of a broader strategy to stabilize Pakistan’s economy and improve its tax-to-GDP ratio, which currently stands at 9%. The government aims to raise this figure to 13% in the near term, a critical step for long-term economic stability. |
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