Finance Minister Muhammad Aurangzeb announced new restrictions targeting individuals avoiding the tax system, as the government considers strict measures.
In a press briefing, he stated that non-filers will be barred from purchasing vehicles and real estate, aligning with the government’s commitment to strengthening the economy through firm actions.
Read more: FBR Chairman Announces Government’s Decision to Abolish the Concept of Non-Filers
Aurangzeb stressed the need for a legal framework to address non-filers, stating, “We must make tough choices for economic improvement,” reinforcing the government’s focus on fiscal responsibility.
The Sharif administration is moving toward eliminating the “non-filer” category, reflecting a shift in policy aimed at tax compliance and economic stability. These changes are expected to impact both taxpayers and the broader market as Pakistan tackles economic challenges.