Pakistan's government is considering broadening its tax base by bringing several new sectors into the tax net, it has been announced.
Explaining the move, Pakistan's Information Minister Qamaruz Zaman Kaira said the government was exploring the possibility of gradually phasing four new sectors - agriculture, stock exchange, real estate and services - into the tax net in the forthcoming federal budget.
The measure has been designed to increase government revenues amid the global downturn.
No specific details of the proposals have been unveiled yet, although Mr Kaira has assured that a tax on agriculture would only be introduced once the sector had 'become more self-sufficient'.
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