AGL 35.70 Increased By ▲ 0.95 (2.73%)
AIRLINK 133.50 Decreased By ▼ -2.60 (-1.91%)
BOP 4.97 Decreased By ▼ -0.07 (-1.39%)
CNERGY 4.03 Decreased By ▼ -0.12 (-2.89%)
DCL 8.42 Decreased By ▼ -0.18 (-2.09%)
DFML 47.40 Decreased By ▼ -1.53 (-3.13%)
DGKC 75.00 Decreased By ▼ -0.75 (-0.99%)
FCCL 24.25 Increased By ▲ 0.06 (0.25%)
FFBL 46.00 No Change ▼ 0.00 (0%)
FFL 8.93 Decreased By ▼ -0.12 (-1.33%)
HUBC 154.10 Increased By ▲ 1.25 (0.82%)
HUMNL 11.00 Increased By ▲ 0.23 (2.14%)
KEL 4.06 Increased By ▲ 0.04 (1%)
KOSM 8.88 Decreased By ▼ -0.01 (-0.11%)
MLCF 32.75 Decreased By ▼ -0.26 (-0.79%)
NBP 57.80 Decreased By ▼ -0.10 (-0.17%)
OGDC 142.80 Increased By ▲ 1.50 (1.06%)
PAEL 26.01 Increased By ▲ 0.31 (1.21%)
PIBTL 5.92 Decreased By ▼ -0.12 (-1.99%)
PPL 114.60 Decreased By ▼ -0.10 (-0.09%)
PRL 24.15 Decreased By ▼ -0.10 (-0.41%)
PTC 11.47 Decreased By ▼ -0.06 (-0.52%)
SEARL 58.00 Increased By ▲ 0.50 (0.87%)
TELE 7.71 Decreased By ▼ -0.04 (-0.52%)
TOMCL 41.14 Increased By ▲ 0.44 (1.08%)
TPLP 8.67 Increased By ▲ 0.09 (1.05%)
TREET 15.08 Increased By ▲ 0.05 (0.33%)
TRG 59.90 Increased By ▲ 5.42 (9.95%)
UNITY 28.00 Decreased By ▼ -0.50 (-1.75%)
WTL 1.35 Decreased By ▼ -0.04 (-2.88%)
BR100 8,460 Increased By 83.9 (1%)
BR30 27,268 Increased By 161.9 (0.6%)
KSE100 80,461 Increased By 970.2 (1.22%)
KSE30 25,468 Increased By 399.6 (1.59%)

LAHORE: The Federal Board of Revenue’s (FBR) endeavours to enhance its digital capabilities are facing obstacles due to external pressure and inadequate support from the government, said sources.

Despite notable advancements in digitalisation, including the implementation of automated systems and applications, the FBR’s progress is being hindered by external pressures.

The government’s decision to engage international consulting firm McKinsey & Co. to develop a digitalisation road map has raised concerns regarding the necessity of external expertise, given the FBR’s internal IT wing and PRAL’s successful track record in developing and implementing digital solutions.

The establishment of multiple committees and taskforces, including a recently constituted task force led by the Minister of State for Finance & Revenue, has created confusion and overlapping responsibilities, leading to demoting FBR staff.

Experts caution that excessive external interference may result in a counterproductive “too many cooks” scenario, undermining the progress achieved thus far. They emphasise the need for the government to acknowledge FBR’s accomplishments, understand the existing gaps, and provide requisite support to facilitate further digitalization.

According to the sources, the FBR is one of the most digitalised organisations in the country. There is hardly any other public sector organisation that can match the level of complication inherent in FBR’s laws and business processes which makes the process of automation all the more difficult.

The FBR’s digitalisation efforts have yielded significant outcomes, including electronic filing of returns, automated sales tax refunds, and enhanced tax compliance. These are a few of the achievements of the FBR over the past couple of decades in terms of digitalization. The officers are continuously striving to plug the gaps and make improvements in the system. The extent of FBR’s digitalization can be gauged from the fact that currently FBR is managing more than fifty applications in its data centres.

However, challenges persist, including inadequate enforcement and data collection by other organisations and the limitation of FBR’s scope in taxing a substantial portion of the economy.

As the government pursues further digitalisation, it remains to be seen whether the FBR will be empowered to lead the initiatives and build upon its existing successes.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Faizullah Khan Aug 08, 2024 09:36am
The PRAL is good as IT gets.
thumb_up Recommended (0)
Faizullah Khan Aug 08, 2024 09:38am
PRAL is good as IT gets.
thumb_up Recommended (0)