Islamabad
Technical delegation of IMF will arrive in Pakistan next week to increase tax revenue and tax net.
According to FBR sources, technical delegation will negotiate with FBR on tax policy for about a week.
FBR and technical delegation of IMF will take steps for amendments in tax policy.
The purpose of amendments in tax policy will be to widen the tax net and collect more revenue.
Sources further said that infrastructure for introducing the scheme for retailers will also be developed in collaboration with technical delegation.
The number of tax payers will be increased to 6 million by bringing 1 million more people in tax net through tax policy.
The amendments to be made in tax policy in collaboration with technical delegation will be implemented in upcoming budget.
Negotiation with technical delegation will continue for a week to improve tax policy and enforcement.
