Modern tech for better tax system to be introduced: PM
Chinese company Guangzhou Rongshen to invest $ 2m in FIEDMC
Prime Minister Imran Khan here on Monday said that Pakistan Tehreeke-Insaf (PTI) led government would fulfill all the promises made with the tribal people. Talking to a group of legislators hailing from tribal districts, PM Imran said that for the first time in the country’ history, the incumbent government gave priority to the uplift of tribal districts. The prime minister said that the government was fully aware of the problems being faced by the people in newly merged districts. He said that the provincial government had allocated Rs 83 billion for the development projects in tribal districts and added that people’s representatives would be included in the process to monitor the implantation of development projects. P r i m e M i n i s t e r I m r a n Khan also urged the nationals to support the government for implementing a taxpaying culture in the country, saying, We have to change ourselves for where we are currently standing. PM Khan, while being interviewed by a private news channel, expressed his resolve that all should pay taxes to run the country. He clarified that the Nationals have thoughts of tax theft if they paid their taxes. The premier added I want to tell the nation that your taxes will be spent on you only. PM Khan said that the government is trying to bring reforms on every level of the Federal Board of Revenue (FBR). He said that a special helpline will be established to facilitate the nationals. PM Khan announced that the government will introduce modern technology for improvements in the tax system. Our loans will further increase if we don’t take such steps due to a halt in increase in revenue. The premier urged nationals to register their assets before June 30. He added that the government can provide a facility to the nationals to pay their taxes in installments. However, PM Khan said that there will be no extension in the deadline of June 30 for legalizing of undeclared assets. One of the largest Chinese manufacturers of fragrance and perfume Guangzhou Rongshen Trading Company Monday, following the attractive package of incentive offered by the Prime Minister Imran Khan announced to invest the US $ 2 million in chemical sectors to further explore direct foreign investment avenues in Pakistan. Chairman, Guangzhou Rongshen Trading Company, Ivan Jiang signed a memorandum of understanding with Chairman Faisalabad Industrial Estate Development and Management Company (FIEDMC) , Mian Kashif Ashfaq,” says a press release issued here.