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News Channel 


 Agri tax recovery from current year


LAHORE-Federal Finance Minister Shaukat Aziz has said the Agriculture Income Tax will be recovered from the current fiscal year after the process of filing of returns is completed.

Talking to The News after the "Vision 2025" seminar arranged by Wapda here, he said during the last financial year, the concerned staff had been trained for implementation and collection of the said tax.

He stated a delegation of Saudi investors had arrived in the country to explore various investment opportunities. The team has arrived here to discuss the investment issues only and not for any other purpose, he said. He said the government was discussing various projects with the delegation and the nation would soon hear a good news in this regard.

Shaukat said the government was negotiating with the International Monetary Fund for getting concessional credit, while the rest of affairs between the IMF and the Government of Pakistan were going smoothly.

About the import of sugar, Shaukat said the government was making a transparent policy in this regard. "The policy will be made to benefit the general consumers," Shaukat said, requesting the newsmen to ignore the negative propaganda being made by some vested interests. July 24

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