FBR top hierarchy opposes plans to overhaul tax system

ISLAMABAD: The proposed formation of Pakistan Revenue Authority (PRA) has met with resistance from top quarters of the Federal Board of Revenue (FBR).

invest with imarat

Islamabad’s emerging city centre

Learn More

Prime Minister Imran Khan has given until June 2020 to set up the PRA, with FBR Chairman Shabbar Zaidi envisioning a major overhaul in the country’s tax system by modernising the whole process to focus on data and automation. However, heads of 23 FBR field formations, along with their members and senior officers, have conveyed their reservations against the development.

If implemented, the plan proposes to minimise contact between taxpayers and taxmen. It would also abolish the coveted post of chief commissioner (grade-21) and empower the commissioner (grade-20).

The higher-ups in FBR have refused to give backing to the plan, terming it as a potential experiment with high chances of failure.

For more news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Rawalpindi Ring Road Phase I 75% Complete; Phase II Feasibility Launched

Rawalpindi: Phase I of the Rawalpindi Ring Road project is nearing completion, while the Rawalpindi…

3 days ago

Islamabad to Get New Capital House in F-5 After CDA’s Major Project Approvals

Islamabad’s Capital Territory is set to get its own Capital House in Sector F-5 following…

4 days ago

CDA Approves 85% Increase in House Rent Ceiling

ISLAMABAD: The Capital Development Authority (CDA) has approved an 85% increase in the house rent…

5 days ago

PM Shehbaz Vows to Revive Karachi Circular Railway and Integrate It into CPEC

Karachi: Prime Minister Shehbaz Sharif announced on Monday that the federal government, in partnership with…

7 days ago

CDA Begins Handing Over Developed Plots in Islamabad’s Sector I-15 After Two Decades

Islamabad: The Capital Development Authority (CDA) has officially begun handing over developed plots to allottees…

2 weeks ago

Federal Government Approves PKR 6.68bn Extension of Margalla Highway to Motorway-1

Islamabad: The federal government has given the green light to extend Margalla Highway from GT…

2 weeks ago