Speaking in the National Assembly, Tarar said the government had provided relief to the salaried class. He noted that individuals earning up to Rs50,000 per month would not be subject to income tax, while those earning between Rs50,000 and Rs100,000 per month would pay only one percent tax.

The minister said that in the recent past, there had been widespread predictions of Pakistan defaulting on its financial obligations.

He added that at a time when few were willing to take responsibility for the economy, Prime Minister Shehbaz Sharif demonstrated courage and determination by prioritizing the stability of the state.

Tarar said the Pakistan Muslim League-Nawaz (PML-N) assumed office under extremely difficult economic circumstances, claiming that inflation had reached 38 percent during the Pakistan Tehreek-e-Insaf (PTI) government.

He also recalled Prime Minister Shehbaz Sharif’s proposal for a “Charter of Economy,” saying that had political stakeholders accepted the initiative, Pakistan would have been in a stronger position to address its economic challenges through national consensus.

Expressing hope for greater cooperation, Tarar urged all political forces to play a constructive role in strengthening the country’s economy.

The information minister said Pakistan’s economy was moving towards stability and that this progress was increasingly being recognized internationally.

He added that the government was working to eliminate the culture of political influence and recommendations, claiming that any attempt to interfere in administrative matters, including customs appointments, now results in immediate action.

Tarar alleged that in the past, stay orders in tax cases worth billions of rupees were obtained through collusion.

He said the government had established merit-based tribunals on the directions of the prime minister to ensure transparency and accountability.

Highlighting tax reforms, the minister stated that the Federal Board of Revenue (FBR) had recovered billions of rupees through enforcement measures.

He claimed that Rs60 billion in taxes had been recovered from the sugar industry alone, while additional enforcement actions generated Rs800 billion in revenue during the previous year.

He further said that the FBR’s faceless system had been introduced to eliminate direct interaction between taxpayers and tax officials, a move aimed at increasing transparency and reducing corruption.

According to Tarar, more than 3.6 million retailers remained outside the tax net, and the government was implementing reforms to discourage tax evasion and ensure that honest taxpayers do not bear the burden of those who avoid paying taxes.

The minister also said that the Bill & Melinda Gates Foundation had provided support for the digitalization of the FBR at no cost, while Prime Minister Shehbaz Sharif continued to promote investment opportunities for Pakistan during his foreign visits.

Referring to the prime minister’s visit to China, Tarar said engagements with Alibaba had led to the company expressing interest in investing in Pakistan.

He added that the housing and development sectors had also been provided relief in the budget to stimulate construction activity and support economic growth.

Reiterating his earlier remarks, Tarar said the government s proposed Charter of Economy could have helped Pakistan address its economic difficulties more effectively had it received broader political support.