ISLAMABAD: Prime Minister Imran Khan has urged his economic team to focus on reducing indirect taxes and it burdens the poorest sections of society the most.
While chairing a meeting of his economic team in Islamabad, the premier instructed the cabinet to suggest ways tax on goods can be decreased so relief could be provided to the public.
The meeting was attended by federal ministers Dr. Abdul Hafeez Sheikh, Asad Umar, Makhdoom Khusro Bakhtiar, advisers Abdul Razak Dawood, Dr. Ishrat Hussain, SBP Governor Dr. Reza Baqir, special assistants Dr. Waqar Masood, Nadeem Babar, Tabish Gohar, and senior officers.
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Indirect taxes are those taxes that can be shifted from one individual to another. It is not levied directly on the income of the taxpayer but is levied on the expenses incurred by them. The economic team considered the possible measures to reduce the prices of basic necessities and provide relief to the common man.
