Work is underway to further reduce electricity bills by July or before, says Finance Minister

Federal Finance Minister Muhammad Aurangzeb has said that work is underway to further reduce electricity bills by July or before.

Regarding providing relief to the public, Federal Finance Minister Muhammad Aurangzeb has said that a program has been made to provide relief to the salaried class in the next budget, the details of which he cannot share with the media yet.

Federal Finance Minister Muhammad Aurangzeb said that the details of relief for the salaried class will be taken to the IMF. 98 percent of the proposals have been received from the government and the private sectors for the preparation of the budget.

The government and the private sector are working together on the budget proposals.Muhammad Aurangzeb said that the reasons for the proposals that could not be implemented will be told to the relevant sector.Before presenting the budget in the assembly, stakeholders will be informed about which proposals can be implemented.

The Finance Minister has said that the budget will come into effect in its final form on July 1.

There will be no change in the budget after July 1. The aim is to give more time for budget implementation.He said that he is hopeful that the IMF Executive Board will approve the staff-level agreement in May.

He said that all the targets given by the IMF have been met. He admits that there was some delay in achieving some targets but they have been met.

The Finance Minister said that tax collection from traders has improved, the Trader-Friendly Scheme should not be linked to tax collection from traders.

Tax Policy The policy can start working under the Ministry of Education in this calendar year. Muhammad Aurangzeb said that they are preparing such a form for taxpayers that each individual fills himself.