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ISLAMABAD: The caretaker government has constituted a high-level committee to submit specific recommendations on the restructuring of the Federal Board of Revenue (FBR).

It is learnt that the four-member committee included the FBR chairman, secretary Ministry of Finance, secretary Ministry of Commerce, and secretary Cabinet Division. The high-level committee would submit its recommendations to the federal cabinet in the light of approval given by the Special Investment Facilitation Council (SIFC).

In line with the approval of the SIFC, the committee would work on specific recommendations for the FBR’s restructuring.

MoF spells out FBR reforms agenda

The creation of specialised administrative structures will be accompanied by better delegation and accountability of administration.

An institutional mechanism is being considered to establish a Tax Policy group with the right expertise and analytical capability to facilitate rationalisation of tax regime emphasizing fairness and equity in tax regime.

A summary is likely to be moved in the next meeting of the federal cabinet for the approval of the FBR’s restructuring plan. The summary will be moved after the finalisation of the recommendations of the four-member committee.

It has been proposed to constitute a special Customs Board to manage the affairs of Pakistan Customs under the ongoing reform plan. The Customs will be separated from the revenue collection mechanism for tracking the smuggling and other elements, while the revenue collection will remain a mandate of the FBR.

A separate Inland Revenue Board may also be established under the supervision of the Revenue Division.

Copyright Business Recorder, 2024

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NXT Jan 09, 2024 09:02am
A ‘high-level committee’ - translation: bide your time, until the next ‘high-level committee’.
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Love Your Country Jan 09, 2024 11:58am
One of a kind so called caretaker set up.
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KU Jan 09, 2024 01:03pm
As long as FBR restructuring does produce small people-gobbling monsters.
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Muhammad Khurram Shabbir Jan 10, 2024 02:27pm
There is surely a need to restructure the tax authority of Pakistan.
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Ihsan Jan 14, 2024 12:12pm
This experiment is aimed to enhance the revenue collection in efficient & transparent manner,which is effectively carried on by both echelons of fbr.The heads of respective boards may be BS 22,but it needs to revamp the field formations & more precisely the back bone of revenue collection( Inspectors),who presently are just a nomimal strength.....The difference between "commoners" & "non commeners" should be minimised with systematic induction pattern of Inspectors level officers.Further comprehensive capacity building training programmes should be planned at Customs Academies.The establishment of new collectorates & commissionarates are harber to many but functioning without field officer.
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