Finance Minister Abdul Hafeez Shaikh. – File Photo by AFP

KARACHI: Finance Minister Dr Abdul Hafeez Shaikh vowed Saturday that the government will achieve the revised    tax collection target of Rs 1,588 billion.

“I state through the media, that we will Insha'Allah achieve this target”, he said while talking to media at a seminar on “FTO Citizen Report Card Study Launch”, organised by Transparency International Pakistan (TIP) at a    hotel here.

He said that the government will resort to austerity and cut government expenditure. We are trying to achieve self reliance by increasing domestic taxation judiciously without burdening the existing tax payers, he added.

“We will tax new sectors which were exempted. We will bring those wealthy people who never paid taxes to the net,” he asserted.

Federal Finance Minister said that the government will not cut the expenses on the common people.

“For example, we want to allocate more funds for income support programme. Provinces have been given additional Rs 700 to spend on education, health and other sectors of peoples' interests,” he added.

Opinion

Editorial

Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...
Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...