ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a project management team for tax system digitalisation to monitor the implementation of the project.

According to a notification issued by the FBR on Tuesday, in pursuance of the agreement between FBR and Karandaaz Pakistan for Tax System Digitalisation, the following project management team is notified:

Muhammad Khalid Jamil (IRS/BS-20), project director would be the (convener) of the project management team. Other team members included Zainul Abidin Sahi (IRS/BS-20), chief (Systems) IT Wing; Arshad Nawaz Chheena (IRS/BS-20), chief (Revenue Operations) IR-Operations Wing; Bushra Jaffar (IRS/BS-19), chief (OPS) (DRM) Reforms and Modernization Wing; Mohammad Iqbal Khan (IRS/BS-19), director (POS) Directorate General of Digital Initiatives, and Usman Kokab, focal person from Karandaz.

Digitization of tax system top priority: finance minister

The project management team will be responsible for overseeing and managing the execution and implementation of the project and work closely with all the stakeholders for the coordination of the project from inception till completion. The team will ensure adherence to timelines, deliverables and quality standards.

There is an agreement among the stakeholders on the next steps for the commencement of the process of digitalisation of the FBR’s operations through collaboration between FBR and the private sector for a digitally empowered tax ecosystem in the country.

The Steering Committee on the FBR digitisation presided over by Finance Minister Muhammad Aurangzeb had approved the top proposal from McKinsey and Company, a globally renowned consulting firm, for the digitalisation of the FBR project.

McKinsey and Company emerged as the top bidder after a thorough evaluation of technical and financial aspects. The negotiated full and final proposal from McKinsey and Company was presented to the steering committee, leading to the approval for contracting and on boarding McKinsey and Company and commencing the project.

Copyright Business Recorder, 2024