Taseer started his political career in his student era, as a member of Zulfiqar Ali Bhutto's Pakistan Peoples Party (PPP) in the late 1960. He was a part of the movement for Bhutto's freedom and opposed his arrest and death sentence. He also wrote a political biography on Bhutto titled Bhutto: A political biography (1980).
In the 1988 general elections, Taseer became a member of the Punjab Assembly from Lahore. In the 1990, 1993 and 1997 general elections, he ran as an MNA but lost.
In 2007, he was appointed the interim Federal Minister for Industries, Production and Special Initiatives.
On May 15, 2008, Taseer was designated for the office of Governor of Punjab by the PPP-led coalition government. On January 4,2011 he was murdered in Islamabad by a guard assigned to him for security by the Punjab Government.
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