ISLAMABAD: Federal Board of Revenue (FBR) Chairman Jahanzeb Khan has directed all the Members and Chief Commissioners to submit their suggestions and recommendations pertaining to institutional reforms and improvement in tax policy, it is learnt here.
Official sources told Customs Today that the FBR chairman presided over a meeting soon after the first visit of Finance Minister Asad Umar, which was attended by all the members and chief commissioners.
The meeting discussed the institutional and tax reforms, while the FBR chairman directed the participants to submit their suggestions and recommendations within one month on the restructuring of FBR, curbing corruption, broadening tax net, curb tax evasion and achieving tax revenue targets, sources added.
Sources added that the meeting also discussed regular matter of the board. The board also discussed the ongoing cases in the courts involving millions of revenue. The chairman directed the legal wing to complete all preparations regarding the cases in the courts.
It is also important to mention here that Finance Minister Asad Umar visited for the first time to FBR headquarter and conducted a special meeting of the board and took the board high-ups in confidence regarding the institutional reforms of FBR.