The Central Board of Revenue Board-in-Council has directed the tax managers to finalise estimates for different projects to be undertaken for accelerating the ongoing reforms process. It expressed satisfaction over the performance of 'Policy and Tax Reform Wing' in this regard.
CBR Chairman Abdullah Yusuf chaired the Board-in-Council meeting on Saturday in which line and private members were also present.
Sources said here that the Board-in-Council reviewed the progress of reform projects funded by World Bank, while CBR Member Tax Policy and Reforms M.S. Lal gave presentation on the reforms plan.
It was decided that all CBR Members would microscopically go through estimated costs of these projects to judiciously utilise the allocated amount.
Sources said that the Council also agreed to streamline the procedure for proper reconciliation of revenue receipts to avoid variation in figures reported by CBR and other government departments.
The Board was informed that 14 projects relating to CBR would focus on facilitating large and medium taxpaying units, taxpayer education and simplification and automation of refund procedure.
The 14 projects to be undertaken with WB assistance are: capacity building and training of CBR officials; Universal Self Assessment Scheme (USAS); STARR project (re-engineering and automation of sales tax refund system); customs pilot project; change management workshops and communication; setting up of Dispute Resolution Complex, Karachi; interior development and refurbishment of Large Taxpayer Unit (LTU), Lahore; interior development and refurbishment of Medium Taxpayer Units (MTUs) at Karachi, Rawalpindi, Faisalabad, Peshawar and Quetta; taxpayer education and facilitation and appointment of experienced consultants for the interior designing and supervision of LTU, Lahore; Dispute Resolution Complex, Karachi; and MTUs at all major cities.
CBR has already started work on these projects, which would be completed by the end of current year, sources added.
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