Islamabad: Muhammad Aurangzeb said that tax exemption for FATA, PATA has been abolished, sales tax will be implemented in phases on goods manufactured in FATA, PATA, and it is proposed to impose tax at a rate of 10 percent in the next fiscal year.

He said that IT exports reached $3.1 billion in the first ten months of the year, it has been planned to increase IT exports to $25 billion in the next 5 years, Pakistan's services in terms of digital governance and cyber security have been recognized at the global level.

The Finance Minister said that the Prime Minister has paid special attention to the promotion of SMEs, a steering committee has been formed for the promotion of SMEs, SMEDA has prepared a business plan, overseas Pakistanis sent remittances of $31.2 billion in the first 10 months of the fiscal year, and the volume of remittances increased by $10 billion in the last two years.