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Chairman Federal Board of Revenue, Ali Arshad Hakeem called on Prime Minister Raja Pervez Ashraf at the PM's House on Friday afternoon and apprised him about the revenue position and initiatives taken by the FBR to facilitate the taxpayers. Ali Arshad Hakeem informed the Prime Minister about various steps taken by the FBR to streamline and reorganise the tax collection system with the objective of facilitating the taxpayers.
He said that FBR has embarked upon a policy to increase the revenue base by exploring new avenues and lessen the burden on individual taxpayers by reducing the tax rate. The Chairman said that the reform being proposed by FBR shall on the one hand be people friendly and on the other increase revenue, which is the dire need of the country.
The Prime Minister appreciated the efforts of Chairman FBR and asked him to work out his reform plan in consultation with the Ministry of Finance. He also emphasised on the need to achieve the revenue targets set by the government in the budget. He hoped that FBR would achieve the targets and plug the loopholes in the system.-PR

Copyright Business Recorder, 2012

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