Govt committed to improve tax collection, Finance Minister tells McKinsey team

Government of PakistanGovt committed to improve tax collection, Finance Minister tells McKinsey team

ISLAMABAD, Pakistan: The Regional Head of Technology and Tax McKinsey & Co. Tom Isherwood along with McKinsey Partner Ali Malik met the Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at Finance Division in Islamabad on Monday.

The Minister of State Ali Pervaiz Malik was also present in the meeting.Govt committed to improve tax collection, Finance Minister tells McKinsey team

   

The finance minister emphasized the need for investment in technology and fostering a cultural shift towards digital governance.

Muhammad Aurangzeb underscored the government’s commitment to improve tax collection through the Federal Board of Revenue’s (FBR) ongoing efforts in digitization.

The minister also cited that the data from PRAL (Pakistan Revenue Automation Limited) and REMIT can be utilized in digitizing FBR’s tax system.

The discussions covered the possibility of achieving quick wins by leveraging this data and implementing daily reporting through dashboards to monitor progress in real-time.

The Minister of State Ali Pervaiz Malik discussed how the ongoing exercise could be enhanced by efficiently generating, organizing, and analyzing data.

Ali Pervaiz Malik He stressed the importance of a data-driven approach to improve overall project outcomes.

The McKinsey team thanked the minister for finance and revenue for the meeting and assured the finance minister that they would ensure the completion of exercise within the given time frame.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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