“A comprehensive strategy has been formulated to shift the gears and move to higher economic growth. I do not believe in an increase in taxes to increase revenue collection but those outside the tax net would be tapped. The chances for any harassment by FBR officials shall be eliminated for which change in audit […]
Dr Abdul Hafeez Shaikh
PTI govt pitches its maiden amnesty scheme
The incumbent government on Tuesday announced the Asset Declaration Scheme, providing one more opportunity to all Pakistani citizens to declare and legalise undisclosed assets inside and outside the country by paying just four percent taxes on all assets other than real estate. The scheme would be applicable till June 30, and all Pakistan citizens, other […]
Centre, provinces brief IMF mission on fiscal situation
Prime Minister’s Adviser on Finance Dr Abdul Hafeez Shaikh along with the Sindh chief minister and finance ministers of Punjab, Khyber Pakhtunkhwa and Balochistan held a joint meeting with the IMF mission led by Ernesto Ramirez Rigo here on Saturday. The IMF delegation, which arrived in Islamabad earlier this week, is finalising talks on a […]
Hafeez Shaikh optimistic about IMF talks
Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Wednesday said that negotiations with the International Monetary Fund (IMF) for a proposed bailout package would continue during the next few days, and that Pakistan was hopeful of success in the talks with the global lender. Pakistani officials and IMF representatives held an important […]
Asad relieved, Hafeez Shaikh notified as finance advisor
A day after a major reshuffle in the federal cabinet, President Arif Alvi, on the advice of Prime Minister Imran Khan, on Friday accepted the resignation tendered by Asad Umar from the office of the federal minister for finance, revenue and economic affairs. Moreover, another notification was issued regarding appointment of Dr Abdul Hafeez Shaikh […]