KARACHI: The Federal Board of Revenue (FBR) and the Institute of Business Administration IBA-Karachi have signed an agreement to launch Master of Business Administration (MBA) in Tax Management System.
The Tax Management System will enhance capacity building of the Customs and Inland Revenue Service (IRS) officials.
The MBA program would commence from January 2016. The FBR has issued an office order, asking the officials to apply for the programme online by October 31, 2015, sources told Customs Today.
“The FBR has finalized modalities with the IBA to launch the programme from January 2016 , according to an official letter available with Customs Today.
According to sources, the officers applying for the programme must have service length of 3 to 12 years after completion of STP and subject to qualifying the FPO exam. The officers must pass the entry test to be conducted by the IBA for admission. The officers are expected to obtain 3 GPA in the programme and any officer failing to obtain 3 GPA will have to return the cost of the programme to the FBR.
The officers who will undergo the MBA Programme will continue to draw Special Performance Allowance, if they were already drawing it. All officers of IRS and PCS fulfilling the eligibility criteria are encouraged to apply for the programme, sources added.