Prime Minister Imran Khan speaks to a delegation of bishops, led by MNA Jamshed Thomas. — PPI
Prime Minister Imran Khan speaks to a delegation of bishops, led by MNA Jamshed Thomas. — PPI

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the Federal Board of Revenue (FBR) to launch a massive crackdown on holders of benami assets.

However, he asked the FBR not to harass the business community and industrialists as without their cooperation the country could not get rid of the prevailing financial crunch.

Presiding over a meeting with Punjab Chief Minister Usman Buzdar, the prime minister directed FBR Chairman Shabbar Zaidi to hold meetings with chambers of commerce and industry of Lahore and Faisalabad in the next two days and take the business community into confidence on the government’s reforms plan.

Mr Khan said those who had not declared their benami assets under the government’s tax amnesty scheme would be taken to task in the days to come. He said the government was fully aware of the problems confronting the people and business community, adding that the process of reforms in the FBR was under way to address people’s concerns.

Directs FBR chairman to take business community into confidence on govt’s reforms plan

The prime minister asked the authorities concerned to take the business community into confidence on the reforms aimed at improving the revenue generation system, encouraging the business class and putting the country on the path of progress.

The meeting was also attended by Adviser to the Prime Minister on Finance Dr Hafeez Shaikh and Shabbar Zaidi.

CM Buzdar briefed the prime minister on the Punjab government’s industrial development plan and said several economic zones were being established in the province. He said a Golden Triangle was being established to promote industries in three major cities of Punjab — Gujranwala, Wazirabad and Gujrat.

The chief minister said the business community and industrialists were quite worried due to fear of the FBR and slowed down their business activities. He said that despite the prevailing economic crisis, the government had presented a balanced budget for the financial year 2019-20.

Later, Sindh Governor Imran Ismail called on the prime minister and briefed the latter on development projects in Sindh, particularly Karachi.

PM Khan announced on the occasion that he would visit Karachi along with his economic team on July 11 to take the business community into confidence on the government’s reforms agenda.

The prime minister also met a delegation of Bishops led by MNA Jamshed Thomas and discussed with them issues concerning the Christian community. Members of the delegation included Archbishop Joseph Arshad, president of Pakistan Catholic Bishops; Archbishop Sebastian Francis Shaw, Archbishop of Lahore; Bishop Benny Travas, Bishop of Multan; Bishop Inderias Rehmat, Bishop-elect of Faisalabad, and John Phillip.

The prime minister reiterated his government’s commitment to make every possible effort for addressing issues being faced the minority communities.

The delegation presented a cheque for Rs5.65 million to the prime minister for the Diamer-Bhasha and Mohmand dams fund on behalf of the Pakistan Catholic Bishops Conference. The amount is a contribution from seven Catholic dioceses — Islamabad, Rawalpindi, Karachi, Lahore, Faisalabad, Hyderabad and Quetta.

Published in Dawn, July 5th, 2019

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Conciliatory approach
Updated 15 Oct, 2024

Conciliatory approach

Pakistan can only move forward when disillusioned segments of society are given their constitutional rights.
PCB mess
15 Oct, 2024

PCB mess

PAKISTAN cricket is in a state of turmoil — all the way from the boardroom to the field. Several decisions have...
Police brutality
15 Oct, 2024

Police brutality

IS our police leadership so devoid of ideas that cracking down on unarmed civilians is their only means of ...
SCO summit
Updated 14 Oct, 2024

SCO summit

All quarters, including political parties, must ensure that no hurdles are placed in the way of the SCO summit.
Not the answer
14 Oct, 2024

Not the answer

THE recent report from Justice Project Pakistan shows how urgently Pakistan needs to rethink its use of the death...
Foul killing
14 Oct, 2024

Foul killing

THE chasm between the powerful and the vulnerable, coupled with radicalisation within law enforcement, has turned...