BR100 Increased By (0.07%)
BR30 Decreased By (-0.05%)
KSE100 Increased By (0.09%)
KSE30 Increased By (0.18%)
BECO 5.60 Decreased By ▼ -0.05 (-0.88%)
BML 62.85 Decreased By ▼ -1.03 (-1.61%)
BOP 33.65 Decreased By ▼ -0.02 (-0.06%)
CNERGY 8.11 Decreased By ▼ -0.03 (-0.37%)
DCL 11.65 Increased By ▲ 0.27 (2.37%)
FCCL 52.25 Decreased By ▼ -0.02 (-0.04%)
FCSC 5.62 Increased By ▲ 0.12 (2.18%)
FFL 18.03 Increased By ▲ 0.31 (1.75%)
FNEL 1.37 Increased By ▲ 0.06 (4.58%)
HUMNL 11.17 Decreased By ▼ -0.01 (-0.09%)
KEL 7.85 Decreased By ▼ -0.01 (-0.13%)
KOSM 5.76 Increased By ▲ 0.12 (2.13%)
MLCF 86.75 Increased By ▲ 1.15 (1.34%)
NBP 183.39 Decreased By ▼ -0.23 (-0.13%)
PACE 11.73 Increased By ▲ 0.05 (0.43%)
PAEL 40.06 Decreased By ▼ -0.21 (-0.52%)
PIAHCLA 25.70 Decreased By ▼ -0.10 (-0.39%)
PIBTL 17.25 Increased By ▲ 0.21 (1.23%)
PPL 222.99 Decreased By ▼ -1.07 (-0.48%)
PRL 34.40 Decreased By ▼ -0.22 (-0.64%)
PTC 63.75 Decreased By ▼ -0.24 (-0.38%)
SEARL 90.74 Increased By ▲ 0.65 (0.72%)
SSGC 26.77 Increased By ▲ 0.17 (0.64%)
TELE 8.99 Decreased By ▼ -0.09 (-0.99%)
THCCL 68.60 Increased By ▲ 1.24 (1.84%)
TPLP 11.26 Decreased By ▼ -0.16 (-1.4%)
TREET 24.74 Increased By ▲ 0.03 (0.12%)
TRG 70.78 Decreased By ▼ -0.20 (-0.28%)
WAVES 11.15 Increased By ▲ 0.17 (1.55%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
Print Print edition: 2022-05-03

Company ‘involved’ in under-invoicing: PML-N govt to investigate ex-FBR chief?

ISLAMABAD: The PML-N government has reportedly decided to probe former chairman FBR, Dr Ashfaq Ahmad for extending...
Published May 3, 2022 Updated May 3, 2022 09:12am

ISLAMABAD: The Pakistan Muslim League- Nawaz (PML-N) government has reportedly decided to probe former chairman Federal Board of Revenue (FBR), Dr Ashfaq Ahmad for extending support to a specific company allegedly involved in under-invoicing, sources to Finance Minister told Business Recorder.

These accusations against him were hurled at a recent meeting of Federal Cabinet when summary of his removal came under discussion, the sources added.

The Establishment Division apprised the Cabinet that it was desired that Asim Ahmad, a BS-21 officer of the Inland Revenue Service, presently posted at the disposal of the Federal Board of Revenue (FBR), may be posted as Chairman, FBR. The incumbent Chairman, Dr Ashfaq Ahmad (IRS/BS-21) was appointed under Section 10 of the Civil Servants Act, 1973, with the approval of the federal government, vide this Division notification dated 24-082021.

The chairman of the FBR was appointed by the federal government in terms of Section 3 (3) of the Federal Board of Revenue Act, 2007.

Asim Ahmed (IRS/BS-21) had previously been posted/ appointed as Chairman FBR from April 09, 2021 till August 24, 2021.

As per seniority list of BS-21 officers of the Inland Revenue Service, Asim Ahmad (IRS/BS-21) was senior to Dr Ashfaq Ahmad (IRS/BS-21).

Establishment Division proposed that Asim Ahmad (IRS/BS-21) presently posted at the disposal of FBR, may be appointed as Chairman, FBR, under Section 10 of the Civil Servants Act, 1973 in lieu of Dr Ashfaq Ahmad (IRS/BS-21).

Invoices issued through all POSs: FBR fails to mention period and utilization of Re1 levy

During discussion, the members pointed out that the outgoing chairman FBR had served as a tool of the previous government to victimize political opponents.

It was also highlighted that he had been allegedly involved in a major scandal relating to under-invoicing causing loss to the national exchequer. It was suggested that an enquiry should be initiated against him. The minister for Finance & Revenue assured to probe the matter. He also offered to make a presentation to the Cabinet on measures being taken by FBR to check under-invoicing in the next Cabinet meeting.

The Cabinet directed the minister for Finance & Revenue to brief the forum on under-invoicing and measures being taken by FBR to check the same, in the next Cabinet meeting.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.

Ch K A Nye May 04, 2022 11:57pm
So basically a character assassination by hurling unsubstantiated allegations because of a perception of "victimisation" of PML-N cronies. Par for the course.
0
Asad Qureshi May 05, 2022 01:01pm
Dr Ashfaque tried to be more loyal than the king in Jus Issa’s case and was rewarded for the crime he committed by way of illegally passing on confidential information regarding the family of Justice Faiz Issa to Shahzad Akbar and Farogh Nasim. Later colluded with Farogh Nasim to remove the provisions of law in Income Tax law that would have required him to be in jail. Now he must be held accountable for the crimes he committed.
0