FPCCI President calls for broadening tax base and simplifying tax system in Pakistan to reach 15% tax-to-GDP ratio in 5 years.
FPCCI President Atif Ikram Sheikh stated that to achieve a 15% tax-to-GDP ratio in Pakistan within five years, it's crucial to broaden the tax base and simplify the tax system, rather than further burdening already taxed individuals. He advocated for adding 1.5 to 2 million new taxpayers to the tax net, stressing that tax and FBR reforms should be undertaken with consultation to avoid past unsuccessful attempts.
April 07, 2024
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