Pak's rich people could pay more tax

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Pakistan on Wednesday said the government was ready to tax rich people more, insisting that in other countries the upper class pay higher taxes.
Addressing a press conference a day after the government announced the budget, Adviser to the Prime Minister on Finance Hafeez Shaikh said that the average tax rate of Pakistan is 11-12 per cent, which is "one of the lowest in the world."
He defended the tax target for 2019-20, saying "Pakistan's people, especially the rich, will have to be sincere with the country and will have to pay taxes."
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First Published: Jun 12 2019 | 7:46 PM IST