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FBR shares reform progress with ADB

The Newspaper's Staff Reporter Published November 18, 2021
The Asian Development Bank headquarters in Manila is seen in this file photo. — Reuters/File
The Asian Development Bank headquarters in Manila is seen in this file photo. — Reuters/File

ISLAMABAD: The Fed­eral Board of Revenue (FBR) and Asian Development Bank (ADB) on Wednesday reviewed progress of various tax reform projects to in­crease the revenue potential.

An official announcement said FBR chairman Ashfaq Ahmed shared the progress made on Integrated Transit Trade Management System with ADB delegation headed by John Hurley.

Giving specific details about customs trade facilitation at border crossing points (BCPs), the FBR chief said that facilitation of multi-agency administration and round-the-clock operationalisation and establishment of well-equipped import and export custom control zones at BCPs have been ensured.

For customs trade harmonisation at BCPs, it was briefed that the least possible human interface between entry and exit points has been ensured for an enhanced trade facilitation.

The ADB delegation was apprised of broader revenue mobilisation initiatives particularly in the realm of Pakistan Raises Revenue Programme.

Published in Dawn, November 18th, 2021

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Aamir Latif
Nov 18, 2021 07:27pm
The biggest reform FBR can do is fire all and recruit new team all together, bribe is common at every level, you ask anyone who has gone through the ordeal of tax random audits, justified or not justified, six figures greasing is required in every case to close.....Those evading taxes are justified rather than facing dilemmas with FBR to file tax and returns, they will still be better off by saving tax money.. ...
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