ISLAMABAD: The Board-in-Council of the Federal Board of Revenue (FBR) has granted permission to make an accord with Institute of Business Management (IBA) in order to launch an MBA programme in tax management.
The board meeting was chaired by FBR Chairman Tariq Bajwa to make consideration over the inception of the programme here at the FBR Headquarters Islamabad. The programme will start after signing the agreement.
Sharing his view on the occasion, the FBR chairman said that the launching of the programme will not only help the department overcome the shortage of staff but will also support broadening of tax base and enforcement of tax laws appropriately.
It is important to mention here that department will take undertaking from the participant of the tax management programme that they will serve the FBR or Government of Pakistan for five years after completion of the course.
Besides, council has also suggested decreasing the condition of 85 percent marks to 80 percent for getting admission in the programme.
However, council has also decided to send a copy of accord to Law ministry for review before engaging in an accord with IBA.