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Ishaq Dar for increasing efficiency of revenue collection process

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ISLAMABAD, Pakistan: The Federal government is continuously trying to increase the efficiency and effectiveness of the revenue collection process and to make it taxpayer friendly, so that tax culture is promoted.

This was stated by Minister for Finance Senator Muhammad Ishaq Dar here on Saturday while addressing a meeting of the Implementation Committee which is entrusted with the task of implementing the reforms recommended by the Tax Reforms Commission.

He said that the Tax Reforms Commission (TRC) was set up with the aim of achieving this objective.

The minister said that unlike the past, where commissions and committees were established without any follow up on their findings and recommendations, the present Government was fully focused on implementation.

For this reason that an Implementation Committee has been established, which includes private members as well.

The Committee is responsible for implementation the agreed recommendations of the TRC and shall also decide on the schedule of implementation.

He hoped that the hard work of TRC would go a long way in improving the taxation system, simplifying tax procedures and facilitating the tax payers.

The meeting on the occasion was given an overview of the plan envisaging to implement the TRC recommendations. It was noted that apart from other measures for broadening of tax base, the FBR also needed to expand its outreach and physical presence beyond the mega centers and major cities for generating better revenue.

The meeting expressed the confidence that with implementation of the recommendations of the TRC there would be positive impact on revenue generation.

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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