{"id":65662,"date":"2020-05-19T16:00:06","date_gmt":"2020-05-19T11:00:06","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=65662"},"modified":"2020-05-20T12:40:06","modified_gmt":"2020-05-20T07:40:06","slug":"no-new-taxes-introduced-budget-2020-21-hafeez-sheikh","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/no-new-taxes-introduced-budget-2020-21-hafeez-sheikh.html","title":{"rendered":"No new taxes to be introduced in Budget 2020-21: Hafeez Sheikh"},"content":{"rendered":"\n<p>Islamabad: Advisor to the Prime Minister (PM) on Economic Affairs Abdul Hafeez Sheikh on Monday stated that the financial budget (FY) 2020-21 would not feature any new taxes, a news source reported. He revealed this information while talking a to private news channel.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/govt-impose-pkr-900-bn-taxes-budget-2020-21-ex-finance-minister.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt to impose PKR 900 bn in taxes in budget 2020-21: ex-finance minister<\/a><\/p>\n\n\n\n<p>The PM\u2019s advisor said that during the coming days, the federal government would have to work hard in order to bring the budget deficit down to 9%. Referring to the coronavirus\u2019 impact on national economy, Sheikh said that they were working towards cutting expenditures by taking austerity measures.<\/p>\n\n\n\n<p>Sheikh revealed that they were aiming to provide relief to the people in <a href=\"https:\/\/www.zameen.com\/forum\/discussions\/property_updates\/financial_budget_2020_21_not_to_have_new_taxes_-33262.html\" target=\"_blank\" rel=\"noreferrer noopener\">FY 2020-21<\/a>. He added that the government plans to reduce duties on many things during the upcoming budget. It would also provide relief packages to sectors increasing economic activities and generating employment in the country, he further said.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-urged-exempt-all-sectors-declaring-income-sources.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR urged to exempt all sectors from declaring income sources<\/a><\/p>\n\n\n\n<p>Replying to a question, Sheikh said that the government would try to maintain the petroleum prices at a certain level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Advisor to the Prime Minister (PM) on Economic Affairs Abdul Hafeez Sheikh on Monday stated that the financial budget (FY) 2020-21 would not feature any new taxes, a news source reported. He revealed this information while talking a to private news channel. Read: Govt to impose PKR 900 bn in taxes in budget 2020-21: ex-finance minister The PM\u2019s advisor said that during the coming days, the federal government would have to work hard in order to bring the budget deficit down to 9%. Referring to the coronavirus\u2019 impact on national economy, Sheikh said that they were working towards cutting expenditures by taking austerity measures. Sheikh revealed that they were aiming to provide relief to the people in FY 2020-21. He added that the government plans to reduce duties on many things during the upcoming budget. It would also provide relief packages to sectors increasing economic activities and generating employment in the country, he further said. Read: FBR urged to exempt all sectors from declaring income sources Replying to a question, Sheikh said that the government would try to maintain the petroleum prices at a certain level.<\/p>\n","protected":false},"author":68,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[29607],"persona":[],"class_list":{"0":"post-65662","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-no-new-taxes-to-be-introduced-in-budget-2020-21-hafeez-sheikh","9":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>No new taxes to be introduced in Budget 2020-21: Hafeez Sheikh - Zameen News<\/title>\n<meta name=\"description\" content=\"Advisor to the PM on Economic Affairs Abdul Hafeez Sheikh on Monday stated that the financial budget (FY) 2021-21 would not feature any new taxes.\" \/>\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\/no-new-taxes-introduced-budget-2020-21-hafeez-sheikh.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No new taxes to be introduced in Budget 2020-21: Hafeez Sheikh - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Advisor to the PM on Economic Affairs Abdul Hafeez Sheikh on Monday stated that the financial budget (FY) 2021-21 would not feature any new taxes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/no-new-taxes-introduced-budget-2020-21-hafeez-sheikh.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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