Abdul Hafeez Shaikh, while addressing a ceremony of releasing tax directory, said that FBR wants to devise a transparent taxation system through stepping forward to an automatic system for tax payments.
The PM's aide on finance said that the federal government was consistently increasing the effectiveness of anti-money laundering (AML) and counter-financing of terrorism (CFT) regime.
Adviser to Prime Minister on Finance, Abdul Hafeez Shaikh, said, "We will try to formulate a new budget in light of the expectations of the nation by reducing taxes.
The adviser lauded the excellent team effort of Ministry of Finance Debt Office, Securities and Exchange Commission of Pakistan, State Bank of Pakistan and Pakistan Stock Exchange.
The ECC deliberating over a 10-point agenda including the national mobile device manufacturing policy and Prime Minister's coronavirus relief programme.
Abdul Hafeez Shaikh, while addressing a press conference in Islamabad today, expressed fear of more impacts on the national economy due to the spread of coronavirus pandemic.