FBR’s task force reviews impact of digitalisation

Published August 14, 2024
The first meeting of the FBR’s task force on digitalisation convenes at FBR Headquarters on August 13. — Photo courtesy of Federal Board of Revenue
The first meeting of the FBR’s task force on digitalisation convenes at FBR Headquarters on August 13. — Photo courtesy of Federal Board of Revenue

ISLAMABAD: The new task force met on Tuesday to discuss progress on the digitalisation of the Federal Board of Revenue (FBR) and its impact on tax base expansion. Stakeholders emphasised the importance of digitisation for economic growth.

Minister of State for Finance and Revenue Ali Pervez Malik and DG C41 Major General Syed Ali Raza co-chaired the maiden meeting at FBR headquarters. FBR Chairman Rashid Mahmood Langrial, members, and other senior officers were present.

At the outset, Mr Malik from management consultation firm Mckinsey explained that their focus is on two major areas: the overall digitisation of FBR and the identification and implementation of quick successes.

The meeting was informed that data sharing among key stakeholders was underway to compile data to identify non-filers and those dodging the system to evade their taxes. Mr Malik further said four achievements in the areas of income tax, sales tax, customs duty and collections have been identified based on global experience and data available within FBR.

“If the country needs to transition to a more inclusive and sustainable growth, then end-to-end-digitisation of FBR is imperative,” said Mr Malik, adding that the ultimate goal of the task force is to formulate policy interventions which can improve the efficacy of FBR to further increase the revenue stream for the country.

Mr Langrial said the Revenue Division is committed to maximising revenue by implementing data automation and software solutions. He impressed upon committee members to come up with practical recommendations to achieve the given task. He stressed the need for system integration and deployment of new systems to modernise the tax agency and enable it to achieve its future targets.

Published in Dawn, August 14th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Trump 2.0
Updated 07 Nov, 2024

Trump 2.0

It remains to be seen how his promises to bring ‘peace’ to Middle East reconcile with his blatantly pro-Israel bias.
Fait accompli
07 Nov, 2024

Fait accompli

A SLEW of secretively conceived and hastily enacted legislation has achieved its intended result: the powers of the...
IPP contracts
07 Nov, 2024

IPP contracts

THE government expects the ongoing ‘negotiations’ with power producers aimed at revising the terms of sovereign...
Rushed legislation
Updated 06 Nov, 2024

Rushed legislation

For all its stress on "supremacy of parliament", the ruling coalition has wasted no opportunity to reiterate where its allegiances truly lie.
Jail reform policy
06 Nov, 2024

Jail reform policy

THE state is making a fresh attempt to improve conditions in Pakistan’s penitentiaries by developing a national...
BISP overhaul
06 Nov, 2024

BISP overhaul

IT has emerged that the spouses of over 28,500 Sindh government employees have been illicitly benefiting from BISP....