PR No.95 Islamabad: April 11, 2016

Finance Minister Senator Mohammad Ishaq Dar here on Monday held a meeting with delegation of FPCCI at the FBR headquarters.

The FPCCI delegation gave a detailed briefing on their tax proposals for Budget 2016-17. The Finance Minister said that the PML(N) government will continue its tradition of consulting the stakeholders before making important decision. He said that proposals given by representatives of the Chambers of Commerce and Industry, business community, traders bodies and other stake holders would be accorded due consideration. The meeting also had a review of the mechanism for tax refunds on the occasion.

Finance Minister Ishaq Dar stated that government is highly appreciative of the contribution of traders and business community towards strengthening of national economy. They should keep playing their due role in revenue generation and promotion of tax culture, he added. The Minister said that with continued efforts rate of revenue growth has risen to 19.7% under the present government while it ranged between 2.5 to 3.0% before it assumed responsibilities. Government shall keep up its efforts for consolidation of the economic gains it has made and focus on economic growth, he said.

Special Assistant to Prime Minister on Revenue Division, Haroon Akhtar, senior officials of the Ministry of Finance and FBR attended the meeting.