Govt. will force the rich to pay taxes: Hafeez

Adviser to the PM on Finance Dr Hafeez Shaikh has said the govt. has opted to offend the rich to increase tax ratios for laying the foundation of a stable economy. Dr Shaikh said the govt. was not against the people making money and flourishing, but it was also not fair that they paid PKR 6Bn-8Bn tax on PKR 1,200Bn sales. He added that the govt. would ensure there was no difficulty in payment of refunds and would announce a complete game plan for smooth payments on the pattern of China and Bangladesh to minimize the period of refunds payment. Similarly he said a new system would be ensured to bring manufacturers of industries (like air-conditioners, edible oil and ghee, paints, tyres, refrigerators, etc.) under the normal tax system and make them print sales tax on end-products.