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Finmin Aurangzeb says govt committed to reducing tax burden by widening tax net (opens original article in a new tab)

TL;DR

Finance Minister Muhammad Aurangzeb announced the government's commitment to reducing tax burden by expanding the tax net and improving compliance, while prioritizing economic growth through tax concessions and AI implementation.

  • Finance Minister Muhammad Aurangzeb stated the government aims to reduce tax burden by widening the tax net
  • The government plans to address tax evasion and improve compliance through enforcement and AI-led mechanisms
  • Aurangzeb mentioned the budget prioritizes increasing production capacity and exports through tax concessions
  • The finance minister highlighted the need for provinces to contribute to security efforts due to internal disorders in some regions

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