Members of the Senate Standing Committee on Finance have recommended imposing a ban on non-filers from purchasing cars and houses, highlighting concerns over tax evasion and economic fairness.
Chaired by Senator Saleem Mandviwalla, the committee meeting featured Finance Minister Muhammad Aurangzeb, who emphasized increasing taxes on high-income earners and restricting privileges for non-filers to Umrah and Hajj only.
Amid discussions, it was revealed that a significant portion of industry buyers are non-filers, prompting calls to integrate the export sector into standard tax regulations despite the associated challenges.
Aurangzeb addressed corruption concerns at the PWD, stressing the need to enhance the tax base beyond the current 9.5% tax-to-GDP ratio through comprehensive digital tax reforms and increased levies on higher incomes.
