FBR Reforms

FBR reforms

With the aim to enhance revenue collection and bring transparency in the tax machinery, the PTI government is set to launch reform plan for the Federal Board of Revenue (FBR).

Finance Minister Asad Umar, while talking to media, said that finance ministry has moved a summary to the cabinet for introducing reforms in the FBR. The cabinet is expected to take up the summary in its next meeting, he said.

“I would describe this as the beginning of FBR reforms” he said, adding that the government intends to build on the work on the tax reform committee of the previous government, which had also been endorsed by a committee of the national assembly but never moved into implementation stage.

Reference link: http://www.customstoday.com.pk/summary-for-fbr-reforms-sent-to-cabinet-asad-umar/

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