AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

ISLAMABAD: Establishment Division has directed the Chairman Federal Board of Revenue (FBR) to take action against irregularity, corrupt practices and inefficient elements present in the FBR responsible to discourage foreign Investment.

It is reliably learnt that on the basis of write up before Establishment Division by Khurram Shahzad Butt against corrupt practices in FBR to discourage foreign investment through fraud on statue and misuse of assessment powers, Establishment Division has referred a serious matter pertaining to alleged corrupt practices by some Corporate Tax Office Islamabad tax employees.

Earlier Prime Minister Shehbaz Sharif removed from the FBR 25 officers, who were in higher pay grades of 21 and 22, on the basis of the input from three intelligence agencies about their financial integrity and competence. Among those who have been ousted included the top tier members of the board, chief commissioners.

Rs14bn of EDS: FBR points out ambiguity in reconciliation

Taxpayer stated, “These planned actions have resulted in significant hardship and inconvenience for taxpayers of Pakistan which may discourage foreign investment due to extreme unchecked corrupt practices in FBR.”

Final Fact Finding Authority in the hierarchy of fiscal statutes has recorded some specific instances of incompetence, inefficiency and proved corrupt practices, wherein stricture has been passed to bluntly highlight administrative lapses, inefficient procedures, and arbitrary malafide decisions that have negatively impacted taxpayers of Pakistan and create a bad name for the Pakistan’s taxation system: No legal and moral justification exists to reopen the issue which has attained finality and is a past and closed transaction for all purposes. Action taken u/s 170 is patently illegal, contrary to law. Interestingly, the respondents refuse to acknowledge the undeniable truth.

These actions by the FBR officials are not only illegal but also undermine the integrity of Pakistan’s taxation system, particularly in the eyes of foreign investors.

Accountability strengthens institutions rather than weakens them. These lapses have not only caused financial losses to the taxpayers but have also eroded public trust in the tax administration system of Pakistan.

Such behavior is detrimental to the overall economic well-being of the Nation. Their continued presence in FBR undermines the credibility and integrity of the taxation system of Pakistan, taxpayer added.

“I am directed to enclose herewith a copy of self-explanatory complaint received on the subject cited above, along with its enclosures, against Ishrat Mujahid and Osama Idress (CTO Officers) for further necessary action, as per Rules/Policy, Establishment Division letter to the FBR added.

Copyright Business Recorder, 2024

Comments

Comments are closed.

KU Sep 16, 2024 09:57am
As long as thousands of FBR officials are not put in jail, Pakistan will keep suffering crimes against its economy.
thumb_up Recommended (0)
Hasan Sep 17, 2024 12:44am
FBR should immediately remove its corrupt officials. It's the need of time. Pakistan can't move forward without eradicating corruption. Corruption & failed Justice system are major issues of Pakistan.
thumb_up Recommended (0)
Abrar Sep 17, 2024 12:48am
Taxpayers should allow to select for audit of FBR officers to make them accountable likewise they do to taxpayers
thumb_up Recommended (0)
The commons Sep 17, 2024 12:21pm
@KU,
thumb_up Recommended (0)