Not Asking Where Your Money Comes From Is Mian Nawaz Sharif’s Legacy: Maryam Nawaz

According to Punjab Chief Minister Maryam Nawaz has, not asking investors where their capital comes from is part of Mian Nawaz Sharif's legacy, and that she won't question anyone bringing business to the province regarding where their capital comes from.

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Not Asking Where Your Money Comes From Is Mian Nawaz Sharif’s Legacy: Maryam Nawaz

According to Punjab Chief Minister Maryam Nawaz has, not asking investors where their capital comes from is part of Mian Nawaz Sharif's legacy, and that she won't question anyone bringing business to the province regarding where their capital comes from.

Article outline

  1. What happened
  2. Background
  3. The key numbers
  4. The bottom line

Key points

  • She additionally stated Punjab had trained around 400, 000 skilled workers and planned to train another 600, 000.
  • Maryam Nawaz remarked Punjab had not imposed any new tax previously two and a half years.
  • She additionally criticized the approach of the Federal Board of Revenue (FBR).
  • The chief minister additionally stated she was bound by rules, regulations, and laws overseen by the federal administration.
  • She continued that a substantial part of the economy outside the tax net was being ignored.

"If you are bringing business, I would not ask where you are getting the money from, " she remarked while speaking at the launch of the Punjab government's PIVOT program in Lahore on Friday. Federal Rules Still Apply.

Notably, the chief minister additionally stated she was bound by rules, regulations, and laws overseen by the federal administration.

"If it were up to me, I would not want to ask anyone who comes to do business where they are bringing the money from, " she remarked. No New Taxes in Punjab.

Maryam Nawaz remarked Punjab had not imposed any new tax previously two and a half years. She called this a tough achievement and stated the provincial administration had instead worked to expand the tax base and the tax net.

She additionally criticized the approach of the Federal Board of Revenue (FBR). It she stated mostly puts more burden on individuals who are already paying taxes.

"If someone is paying Rs. 1, 500 today, create it Rs. 2, 000. If someone is paying Rs. 2, 000, create it Rs. 10, 000, and if someone is paying Rs. 10, 000, create it Rs. 20, 000, " she remarked, describing the practice. She continued that a substantial part of the economy outside the tax net was being ignored.

For context, the FBR has been under pressure to widen the tax net under its reform intends. Push for Business Activity.

Punjab chief minister remarked her administration wanted to encourage investment and reduce red tape. She remarked loans worth around Rs. 200 billion had been issued under the province's business loan scheme.

She additionally stated Punjab had trained around 400, 000 skilled workers and planned to train another 600, 000. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.

For now, not Asking Where Your Money Comes From Is Mian Nawaz Sharif's Legacy: remains the part of the story worth watching, and further updates are likely as more details are confirmed.

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