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PM Imran terms existing taxation system as unjust, stresses on reforms in FBR

10:51 AM | 13 Mar, 2019
PM Imran terms existing taxation system as unjust, stresses on reforms in FBR
ISLAMABAD - Prime Minister Imran Khan has directed for introducing reforms in taxation system to achieve durable economic progress, the Radio Pakistan reported.

Chairing a meeting to discuss the revenue collection and enhancing the tax base, he termed the existing taxation system as unjust.

The Prime Minister said taxation statistics and the system in vogue can in no way support the national economy.

https://twitter.com/pid_gov/status/1105700196690862080

He said under the prevailing system, the poor has to pay taxes more than their financial capacity and called for bringing the non-taxpayers under the tax net.

He said reformation of the taxation system and increasing the tax base are part of the Pakistan Tehreek-e-Insaf’s manifesto.

The premier also stressed on reforms in Federal Board of Revenue (FBR) to revive the trust of taxpayers in the taxation system.

The meeting discussed various proposals to increase the revenue and tax base, develop tax collection on modern lines, use of technology and bring about reforms in FBR.

Daily Pakistan Global Web Desk

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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