AIRLINK 194.83 Decreased By ▼ -3.14 (-1.59%)
BOP 9.81 Decreased By ▼ -0.23 (-2.29%)
CNERGY 7.36 Increased By ▲ 0.07 (0.96%)
FCCL 38.58 Increased By ▲ 2.58 (7.17%)
FFL 16.45 Decreased By ▼ -0.46 (-2.72%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 131.75 Decreased By ▼ -2.28 (-1.7%)
HUMNL 13.86 Decreased By ▼ -0.28 (-1.98%)
KEL 4.66 Decreased By ▼ -0.12 (-2.51%)
KOSM 6.66 Decreased By ▼ -0.28 (-4.03%)
MLCF 45.39 Increased By ▲ 0.41 (0.91%)
OGDC 213.99 Decreased By ▼ -4.24 (-1.94%)
PACE 6.86 Decreased By ▼ -0.08 (-1.15%)
PAEL 40.06 Decreased By ▼ -1.36 (-3.28%)
PIAHCLA 16.79 Decreased By ▼ -0.07 (-0.42%)
PIBTL 8.32 Decreased By ▼ -0.14 (-1.65%)
POWER 9.43 Increased By ▲ 0.04 (0.43%)
PPL 182.19 Decreased By ▼ -3.74 (-2.01%)
PRL 41.83 Increased By ▲ 0.56 (1.36%)
PTC 24.56 Decreased By ▼ -0.21 (-0.85%)
SEARL 102.53 Decreased By ▼ -2.12 (-2.03%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.44 Decreased By ▼ -1.47 (-3.59%)
SYM 17.33 Decreased By ▼ -0.72 (-3.99%)
TELE 8.76 Decreased By ▼ -0.15 (-1.68%)
TPLP 12.75 Decreased By ▼ -0.09 (-0.7%)
TRG 65.40 Decreased By ▼ -1.20 (-1.8%)
WAVESAPP 11.11 Decreased By ▼ -0.19 (-1.68%)
WTL 1.70 Decreased By ▼ -0.08 (-4.49%)
YOUW 3.94 Decreased By ▼ -0.06 (-1.5%)
BR100 11,988 Decreased By -121.3 (-1%)
BR30 36,198 Decreased By -400.2 (-1.09%)
KSE100 113,443 Decreased By -1598.8 (-1.39%)
KSE30 35,635 Decreased By -564.3 (-1.56%)
Print Print 2020-02-02

Inland Revenue service: FBR, World Bank start working on designing of strategic plan

The Federal Board of Revenue (FBR) and the World Bank (WB) have started working on designing of strategic plan for Inland Revenue (IR) service. According to official sources, the board is making efforts to improve revenue generation, taxpayers' services a
Published 02 Feb, 2020 12:00am

The Federal Board of Revenue (FBR) and the World Bank (WB) have started working on designing of strategic plan for Inland Revenue (IR) service. According to official sources, the board is making efforts to improve revenue generation, taxpayers' services and organizational efficiency in IR and new initiatives are regularly introduced at all levels.

However, at the organisational level, there is a need to have comprehensive medium and long term strategies to achieve its objectives. For the purpose, IR and WB have started working on designing of strategic plan for IR service, they said and added that this plan was intended to be an all encompassing documents that would set down the strategic objectives and initiatives in all the key areas, including taxpayers facilitation, strengthening core functions such as human resources development, and modernization of infrastructure.

The plan will be a comprehensive document that will try to encompass all the initiatives important for the future of IR with a broad scope.

The strategic plan will identify initiatives that can be taken under Pakistan Raises Revenue Programme (PRRP) with WB and ReMIT programme with DFID. However, its scope is broader and some of its components may get implemented through resources over a period of time. The plan will be developed with broad consultation at all levels of headquarters and field offices so that the document is enriched by the breadth of knowledge and expertise that exists in the organization and the strategic plan has collective ownership. In this connection, the FBR has started convening sessions with its field formation in order to get input and identifying issues and challenges faced by the organization in various key areas and to come-up with the suggestions that can be developed into strategic objectives and projects.

Copyright Business Recorder, 2020

Comments

Comments are closed.