PM Issues Final Warning Against FBR Corruption

Prime Minister Shehbaz Sharif on Monday cautioned that corrupt Federal Board of Revenue (FBR) officers will have no place in the tax authority.

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Tax Lawyers Ask PM Shehbaz to Limit FBR Powers

Prime Minister Shehbaz Sharif on Monday cautioned that corrupt Federal Board of Revenue (FBR) officers will have no place in the tax authority.

Article outline

  1. What happened
  2. The key numbers
  3. Official response
  4. The bottom line

Key points

  • The session was informed that Pakistan's estimated tax gap had declined from 6 percent to 5 percent of gross domestic product over the past three years.
  • The appointment of 957 third-party auditors had rose FBR's audit capacity fourfold.
  • The prime minister directed the tax authority to continue improving its capacity to address the tax gap and ensure that the ongoing reforms produce results.
  • Obtain the latest business news, market insights, and economic updates wherever you prefer.
  • PM remarked officers and staff who improve their conduct and performance should be given an opportunity to reform.

Chairing a weekly review session on FBR reforms on Monday, the prime minister directed office-holders to speed up the introduction of faceless systems in tax collection and improve transparency, accountability, training, and the employ of technology. Digital Payments Up by 300%.

PM remarked officers and staff who improve their conduct and performance should be given an opportunity to reform. Nevertheless, those who continue corruption and poor performance will not be tolerated.

Notably, the session was informed that Pakistan's estimated tax gap had declined from 6 percent to 5 percent of gross domestic product over the past three years.

Meanwhile, the appointment of 957 third-party auditors had rose FBR's audit capacity fourfold.

Notably, the prime minister directed the tax authority to continue improving its capacity to address the tax gap and ensure that the ongoing reforms produce results. Stay Connected with ProPakistani.

Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.

Taken together, the developments around PM Issues Final Warning Against FBR Corruption point to a situation that is still moving, and the coming days should bring more clarity.

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