Skip to main content

PM Shehbaz approves digital ecosystem for FBR reforms

Prime Minister Shehbaz Sharif has approved the development of a digital ecosystem within the Federal Board of Revenue (FBR), as part of the government's ongoing reform efforts, Radio Pakistan reported. Chairing a meeting in Islamabad on Saturday to review progress on FBR reforms, the PM directed that globally recognised experts be engaged to design and implement the new digital system. He instructed that all data—from the import and production of raw materials to product manufacturing and consumer purchases—must be integrated into a single centralised system to enable real-time, end-to-end monitoring. The prime minister emphasised that the system should be made so effective that the entire value chain can be digitally monitored. He added that the centralised data must be used to inform strategic economic decision-making. He further stressed that the key to reducing the tax burden on the common citizen lies in broadening the tax base and eliminating the informal economy. Read: PM Shehbaz stresses digitisation, automation to tackle tax evasion Earlier, PM Shehbaz directed the immediate implementation of ongoing reforms within the FBR, stressing the importance of digitisation and automation to overhaul Pakistan’s tax system. Chairing a high-level review meeting, the prime minister highlighted the need to rectify what he described as “70 years of mismanagement” in the country’s taxation framework. He promised maximum facilitation for honest taxpayers and businesses but vowed strict legal action against those involved in tax evasion, with no concessions.

from Pakistan News, Latest News Pakistan, Pakistan Headline | The Express Tribune https://ift.tt/CtTdxN2
Labels:

Comments

Post a Comment

Popular posts from this blog

Govt, PTI kick off second round of talks ahead of Oct 4 long march

The second round of talks between the government and the Pakistan Tehreek-e-Insaf began on Saturday, with National Assembly (NA) Speaker Ayaz Sadiq chairing the session, according to a statement issued by the National Assembly (NA) on X. A day earlier, the first round of talks between the government and opposition concluded with the two sides deciding to meet again on Saturday (today) in the NA speaker’s chamber. The negotiations come amid continued tensions after PTI’s announcement of a long march towards Islamabad on September 27 that was rescheduled to October 4. Currently, the standoff between the federal and provincial governments remains unresolved. The speaker said the previous day’s session was held in a “very cordial atmosphere” and expressed hope that all sides would continue the dialogue in the same spirit. Sadiq also thanked members of the government, PPP and opposition for participating in the talks. حکومت، پ...
Post a Comment
Read more

PTI dismisses PM Shehbaz's 'mere offer' for talks, says govt can initiate contact with opposition leadership

The Pakistan Tehreek-e-Insaf (PTI) on Tuesday dismissed Prime Minister Shehbaz Sharif's proposal for renewed talks as a "mere offer”, while saying that the government could contact leaders of the opposition in the National Assembly and Senate for negotiations if it were sincere. The statement came amid heightened political tensions in the country as the PTI's long march reached Kohat. Khyber-Pakhtunkhwa Chief Minister Sohail Afridi is leading the convoy, which began its march towards Islamabad on Sunday to demand the release of party founder Imran Khan and press the government over what PTI describes as broader political and constitutional grievances. The convoy is currently in Kohat after travelling through Lakki Marwat and Karak, and is expected to depart for Peshawar later today as the party continues its phased mobilisation towards the federal capital. PM Shehbaz earlier today renewed an offer of talks to the PTI, saying the government was prepared to ...
Post a Comment
Read more

Pakistan rejects India's 'internal matter' claim on Kashmir at UN

Pakistan on Saturday rejected India's characterisation of Jammu and Kashmir as an internal matter, telling a United Nations General Assembly committee that the territory's final status remains unresolved and must be determined in accordance with the wishes of the Kashmiri people. Speaking during the general debate of the Third Committee of the 81st session of the UN General Assembly, Pakistan's First Secretary Sarfraz Ahmed Gohar said Islamabad rejected New Delhi's assertion that Jammu and Kashmir was an integral part of India. "Pakistan categorically rejects India's futile attempts to dismiss the Jammu and Kashmir dispute as a so-called internal matter," Gohar said, according to remarks shared by Pakistan's Permanent Mission to the UN. Pakistan categorically rejects India's futile attempts to dismiss the Jammu and Kashmir dispute as a so-called internal matter. Jammu and Kashmir is an internationally recognized disputed territory, and it...
Post a Comment
Read more