ISLAMABAD: Federal Minister for Finance Dr Abdul Hafeez Sheikh told the National Assembly (NA) Standing Committee on Finance that no new tax will be imposed on genuine tax payers, instead efforts will be made to bring tax evaders under the tax regime.

He stated this while attending the meeting of National Assembly Standing Committee on Finance here on Thursday.

The committee met under the chairmanship of Fozia Wahab MNA discussed the strategy regarding the preparation of forthcoming budget and make it more growth and job oriented, besides providing relief to the people in the country.

The meeting also discussed the social safety net including Benazir Income Support Programme (BISP) and transfer of powers to the provinces.

The finance minister told the committee that the performance of the economy has been satisfactory during current financial 2011-12, however he stressed the need for taking bold and long-term steps for sustainable economic growth in the country.