Speaking Truth to Oppressed

What is Blue Passport that Pakistani govt will issue to high taxpayers?

What is Blue Passport that Pakistani govt will issue to high taxpayers?

What is a Blue Passport? To bolster tax returns and acknowledge the contributions of high taxpayers, the Pakistani government, led by Prime Minister Shehbaz Sharif, has unveiled a groundbreaking initiative: the issuance of Blue Passports.

This initiative was officially announced during the prestigious Tax Excellence Awards 2024 ceremony held in the capital city of Islamabad.

What is a Blue Passport?

Distinctive Passport Privilege

The Blue Passport offers a distinctive advantage over the standard passport, granting holders visa-free entry to approximately seventy countries across the globe.

Traditionally reserved for government officials and individuals representing Pakistan on official business, these passports have now been extended as an incentive to high taxpayers, in line with Schedule III of Passport Rules 2021.

Prime Minister’s Address Highlights Taxpayers’ Role

During his address at the Tax Excellence Awards ceremony, Prime Minister Shehbaz Sharif emphasized the pivotal role of taxpayers in driving the nation’s development.

He lauded their efforts in bolstering exports and confronting economic challenges, underscoring the importance of their contributions to the country’s progress.

Call for Collective Efforts and Cooperation

Prime Minister Sharif stressed the need for collective efforts in addressing economic hurdles and urged for greater cooperation between federal and provincial governments.

He emphasized the elimination of bureaucratic obstacles to streamline decision-making processes and foster a conducive environment for economic growth.

Economic Strength and Global Influence

Highlighting the significance of a robust economy, Prime Minister Shehbaz Sharif emphasized its role in amplifying Pakistan’s voice on the global stage.

He underscored the imperative of swift decision-making mechanisms to ensure progress and enhance the nation’s standing in the international community.

The introduction of Blue Passports as an incentive for high taxpayers marks a significant step by the Pakistani government in recognizing and rewarding contributions to national development.

Prime Minister Shehbaz Sharif’s address at the Tax Excellence Awards ceremony underscores the government’s commitment to fostering economic growth and collaboration, with a focus on empowering taxpayers as key drivers of progress.

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