The salaried class is paying more tax than the big landlords, it is important to make the rich citizens realize: Punjab Finance Minister

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The salaried class is paying more tax than the big landlords, it is important to make the rich citizens realize: Punjab Finance Minister
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The salaried class is paying more tax than the big landlords, it is important to make the rich citizens realize: Punjab Finance Minister

Lahore (Daily Pakistan Online) Punjab Finance Minister Mujtaba Shujaur Rehman has said that the salaried class is paying more taxes than the big landlords, it is important to make the wealthy citizens feel their national responsibility. Royalty should also be revised.

According to the details, under the chairmanship of Finance Minister Punjab Mujtaba Shujaur Rehman, the last meeting of the Cabinet Committee on Resource Mobilization for the financial year 2024-25 was held in the committee room of the Finance Department. Provincial Minister for Law and Communication and Works Malik Sahib Bharat, Secretary Finance Mujahid Sher Dal, Secretary Excise and Taxation Member Board of Revenue, Secretary Mines and Minerals and Livestock and relevant officers of PRA participated in the meeting. Revised proposals for augmenting personal resources of the province from non-tax departments were approved.

Addressing the meeting, the Provincial Minister said that the proposals approved by the Resource Mobilization Committee will be approved by the Chief Minister. The proposals approved by the Chief Minister will be made part of the Finance Bill in the next financial year’s budget. The provincial minister directed the tax departments to take all stakeholders on board on the proposed changes in the tax base. Registration of vehicles plying in Punjab should be made mandatory in the respective districts. The provincial minister said that the rationalization of stamp duty and agriculture income tax is the need of the hour, but small zamindars and farmers will not be burdened. The salaried class is paying more tax than the big zamindars. It is necessary to realize the national responsibility. Under the Punjab Revenue Authority, revision of 17 services is being proposed for uniformity in tax rate. A nominal fee in return for on-the-spot treatment facility will improve service delivery.

He said that it is the province’s right to review the royalty of natural minerals produced in Punjab. Those paying meager royalties on rock solid and pink solid are earning many times more in the international markets. Provincial Minister of Law, Communication and Works Sohaib Bharat, while defending the proposals of the Department of Minerals, said that the demand to make the royalty of limestone and argillaceous clay subject to the price of cement is very reasonable. should be amended.

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