Finance Minister assures PBC of considering budget proposals for FY 2024-25


ISLAMABAD:

Finance Minister Muhammad Aurangzeb assured the Pakistan Business Council (PBC) that its recommendations would be considered in finalisation of the budget for fiscal year 2024-25 to the greatest extent possible.

According to a press release issued by the finance ministry on Monday, a delegation from the PBC, led by Chairman Shabbir Diwan, met with the minister.

The PBC delegation appreciated the government’s ongoing efforts and discussed the Federal Budget 2024-25 with the finance minister. They presented specific suggestions and tax proposals for consideration.

The minister acknowledged and thanked the PBC for their insights. He also highlighted the FBR’s ongoing efforts aimed at broadening the tax base and bringing retailers into the tax net.

Aurangzeb assured that decisions would be made through mutual consultation to ensure favourable outcomes for both the public and the business community.

The meeting was also attended by Minister of State for Finance and Revenue, Ali Pervez Malik, and Chairman of FBR, Malik Amjed Zubair Tiwana.

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