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FBR asked to expedite full implementation of ease of doing business & broadening of tax base initiatives

ISLAMABAD, Pakistan: The Federal Minister for Education, Professional Training, National Heritage and Culture Shafqat Mahmood advised the Federal Board of Revenue (FBR) to expedite the full implementation of the initiatives of ease of doing business and broadening of the tax base.

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The minister was presiding over the meeting of the Cabinet Committee on Institutional Reforms (CCIR) at the Cabinet Division in Islamabad on Wednesday.

During the meeting, the Establishment Division gave a briefing about guidelines and the procedure for procurement of services of short-term and job-specific consultants in ministries and divisions.

The chairperson CCIR directed the cabinet division to circulate the decision of Cabinet to hire the consultants for six months and up to 3 million by the ministries/ divisions and where the hiring of consultants costs more than three million would be advertised in print media.

The FBR gave a detailed briefing to the Committee about key initiatives of fiscal years 2021-2023 and its timeline of completion.

The Committee was also briefed about the reforms related to facilitating taxpayers, improving the efficiency and automation process.

The Chairperson CCIR directed the FBR to present a consolidated summary, categorizing the reforms which have been implemented and which are under process yet.

The Federal Minister Shafqat Mahmood remarked that the Country would need not IMF programs when all these initiatives would be fully implemented and revenue of the country would be enhanced.

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