AGL 40.05 Decreased By ▼ -0.11 (-0.27%)
AIRLINK 129.74 Decreased By ▼ -1.99 (-1.51%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.62 Increased By ▲ 0.15 (3.36%)
DCL 8.85 Increased By ▲ 0.03 (0.34%)
DFML 41.91 Increased By ▲ 1.30 (3.2%)
DGKC 83.97 Decreased By ▼ -0.11 (-0.13%)
FCCL 32.70 Increased By ▲ 0.36 (1.11%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.50 Increased By ▲ 0.15 (1.32%)
HUBC 110.50 Decreased By ▼ -1.26 (-1.13%)
HUMNL 14.65 Increased By ▲ 0.34 (2.38%)
KEL 5.40 Increased By ▲ 0.18 (3.45%)
KOSM 8.41 Decreased By ▼ -0.57 (-6.35%)
MLCF 39.89 Increased By ▲ 0.46 (1.17%)
NBP 60.45 Increased By ▲ 0.16 (0.27%)
OGDC 198.45 Increased By ▲ 3.51 (1.8%)
PAEL 26.63 Decreased By ▼ -0.06 (-0.22%)
PIBTL 7.71 Increased By ▲ 0.23 (3.07%)
PPL 158.00 Increased By ▲ 2.23 (1.43%)
PRL 26.69 Increased By ▲ 0.01 (0.04%)
PTC 18.40 Increased By ▲ 0.10 (0.55%)
SEARL 82.19 Decreased By ▼ -0.83 (-1%)
TELE 8.34 Increased By ▲ 0.11 (1.34%)
TOMCL 34.45 Decreased By ▼ -0.10 (-0.29%)
TPLP 9.14 Increased By ▲ 0.33 (3.75%)
TREET 17.32 Increased By ▲ 0.62 (3.71%)
TRG 61.30 Decreased By ▼ -1.15 (-1.84%)
UNITY 27.35 Decreased By ▼ -0.09 (-0.33%)
WTL 1.37 Increased By ▲ 0.09 (7.03%)
BR100 10,400 Increased By 213 (2.09%)
BR30 31,653 Increased By 316.8 (1.01%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Prime Minister Shehbaz Sharif Thursday directed the Federal Board of Revenue (FBR) to accelerate work on digitisation, Radio Pakistan reported.

During a meeting today on the FBR’s reforms and digitization, the premier said 800 billion rupees worth of tax refund fraud had been uncovered in the last four months.

FBR reforms top priority, says minister

He said the tax refund system will be further improved. He said reforms in FBR can increase revenue.

The Prime Minister said the unnecessary delay in implementing several projects regarding the reforms in FBR is regrettable.

The meeting was briefed that 83,579 cases worth 3.2 trillion rupees are pending in various courts and tribunals regarding taxes. It was said that the sitting government had taken various steps to resolve the pending tax cases.

During the last four months, 63 cases worth 44 billion rupees were disposed of by various courts.

It was informed that 4.9 million people, who can afford to pay taxes, have been identified through the use of advanced technology.

PM Shehbaz pledges revenue target achievement via FBR reforms

The Prime Minister instructed to bring the wealthy and well-off people among these 4.9 million individuals to the tax net on a preferential basis and no additional burden should be put on the poor.

The meeting was further informed that 150,000 retailers have so far been registered with the traders-friendly mobile phone since April this year.

Shehbaz Sharif advised to continue consultation with the retailers to make this system more efficient. He instructed to increase the number of appellate tribunals to 100 for speedy decisions of the cases.

FBR restructuring plan: Major impediment to implementation seems to be bureaucracy itself

He also directed to enhancement the appellate tribunals to dispose of cases regarding customs. Besides, instructions were given to prepare a dashboard to assess the performance of appellate tribunals.

He advised to fully digitize the Fraud Detection and Investigation Department of the FBR.

He stressed the need to formulate a strategy for bringing all ongoing reform projects in FBR under a central system.

Comments

200 characters
KU Jul 18, 2024 09:06pm
Its painful to even read this news, knowing that despite the Rs.800 billion fraud, FBR officers will go scot free. Besides, the billions earned in other corrupt ways, are never mentioned in reports.
thumb_up Recommended (0) reply Reply
mustafa Jul 18, 2024 10:12pm
simply remove cash and launch digital currency ...
thumb_up Recommended (0) reply Reply
Saif afridi Jul 19, 2024 01:13am
Ha best in very sad
thumb_up Recommended (0) reply Reply
Abdul Malik Jul 19, 2024 04:03pm
The FBR officers are already doing their best by shifting their work towards digitisation, however, PM requires fastening the work to the most earlier.
thumb_up Recommended (0) reply Reply