AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.49 Increased By ▲ 1.35 (1.6%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.77 Increased By ▲ 0.17 (0.46%)
TPLP 8.80 Increased By ▲ 0.14 (1.62%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.19 Increased By ▲ 3.57 (6.09%)
UNITY 28.15 Increased By ▲ 1.29 (4.8%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

Two members of the Federal Board of Revenue (FBR) are still working on key reform position and revenue forecasting without getting extension in their contracts since February 28, 2008.
Sources told Business Recorder on Thursday that the Member Tax Policy and Reforms (TP&R) Habib Fakhruddin and Member Fiscal Research and Statistics (FRS) Dr Ather Maqsood Ahmed were selected from the private sector for appointment on most important positions.
The contracts of both the Members TP&R and FRS expired on February 28 but the same have yet not been renewed by the government. The position of tax policy/reforms and revenue collection analysis has significant importance in the current circumstances, when the FBR has brought down revenue collection target from Rs 1.025 trillion to Rs 990 billion for 2007-2008.
It is not clear that either they are still employees of FBR or what is the legal justification for their working on the key positions. It is worth mentioning that both the member TP&R and FRS have shown excellent performance in smooth implementation of Tax Administration Reform Program (TARP) and broadening the tax-base. Contrary to this, both are confused and uncertain about their future as well as current position at the FBR.

Copyright Business Recorder, 2008

Comments

Comments are closed.