Pakistan, Sept. 6 -- Minister of State for Finance & Revenue and Railways Bilal Azhar Kiyani said on Saturday that the government has introduced major tax relief and structural reforms to reduce burden on businesses, exporters, salaried persons and small traders, while efforts are being made to transform the FBR (Federal Board of Revenue) into a more transparent, facilitation-oriented and technology-driven institution.

He mentioned, super tax had been completely abolished for exporters and businesses with annual income between Rs 150 million and Rs 500 million, while the rate for companies earning more than Rs 500 million had been reduced from 10 to 08 per cent. For exporters, the tax deduction on export proceeds had also been reduced fr...