{"id":52359,"date":"2019-05-27T12:34:05","date_gmt":"2019-05-27T07:34:05","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=52359"},"modified":"2019-05-27T12:34:05","modified_gmt":"2019-05-27T07:34:05","slug":"pms-aide-reviews-budget-proposals-ahead-of-cabinet-meeting","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pms-aide-reviews-budget-proposals-ahead-of-cabinet-meeting.html","title":{"rendered":"PM&#8217;s aide reviews budget proposals ahead of cabinet meeting"},"content":{"rendered":"<p>Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh reviewed budget proposals, including targets for taxation measures, ahead of the budget session scheduled for the second week of June, a news source reported.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-chief-promises-long-term-tax-reforms.html\">FBR chief promises long-term tax reforms<\/a><\/p>\n<p>The adviser, who presided over a meeting that was attended by Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, among others, discussed various proposals pertaining to the revenue target for the (fiscal year) FY2019-20.<\/p>\n<p>The government is planning to introduce additional taxes <a href=\"https:\/\/www.zameen.com\/news\/govt-to-introduce-taxes-worth-pkr-775-bn-in-fy-2019-20.html\">equaling PKR 775 billion <\/a>in the upcoming budget\u2014by imposing sales and income tax. The executive hopes to collect PKR 5.55 trillion in taxes for the FY2019-20.<\/p>\n<p>FBR Chairman Shabbar Zaidi gave briefings with respect to the budget proposals. He also suggested measures for expanding the tax base in order to meet revenue target.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-proposes-pkr-5-1-trillion-revenue-collection-target.html\">FBR proposes PKR 5.1 trillion revenue collection target<\/a><\/p>\n<p>Officials of the finance ministry and FBR will reportedly present their budget recommendations in a meeting of the federal cabinet, which is expected to take place on May 28. Furthermore, a budget strategy paper will be shared with the National Economic Council (NEC) on May 29.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh reviewed budget proposals, including targets for taxation measures, ahead of the budget session scheduled for the second week of June, a news source reported. Read: FBR chief promises long-term tax reforms The adviser, who presided over a meeting that was attended by Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, among others, discussed various proposals pertaining to the revenue target for the (fiscal year) FY2019-20. The government is planning to introduce additional taxes equaling PKR 775 billion in the upcoming budget\u2014by imposing sales and income tax. The executive hopes to collect PKR 5.55 trillion in taxes for the FY2019-20. FBR Chairman Shabbar Zaidi gave briefings with respect to the budget proposals. He also suggested measures for expanding the tax base in order to meet revenue target. Read: FBR proposes PKR 5.1 trillion revenue collection target Officials of the finance ministry and FBR will reportedly present their budget recommendations in a meeting of the federal cabinet, which is expected to take place on May 28. Furthermore, a budget strategy paper will be shared with the National Economic Council (NEC) on May 29.<\/p>\n","protected":false},"author":67,"featured_media":52104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11754],"persona":[],"class_list":["post-52359","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-pms-aide-reviews-budget-proposals-ahead-of-cabinet-meeting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM&#039;s aide reviews budget proposals ahead of cabinet meeting - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh reviewed budget proposals, including targets for taxation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pms-aide-reviews-budget-proposals-ahead-of-cabinet-meeting.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM&#039;s aide reviews budget proposals ahead of cabinet meeting - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh reviewed budget proposals, including targets for taxation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pms-aide-reviews-budget-proposals-ahead-of-cabinet-meeting.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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