ISLAMABAD: State Minister for Revenue Hammad Azhar has said that government is committed to the reforms and institutional development of the Federal Board of Revenue (FBR).
Taking to Customs Today at the Parliament House, he said that strong measures are being taken to enhance the capacity of Federal Board of Revenue to collect the revenue, and to make it an agency which provides fair and justice treatment to the taxpayers.
The reform agenda is ongoing and being developed in consultation with the stakeholders. He said that short term measures are for current financial year, medium term for three years and long term steps are a perspective plan.
In this regard, major reforms are being contemplated i.e. activation of policy board and constitution of Tax Reforms Commission. He said cost-benefit analysis would be an integral part of the reform agenda.
The year-wise benefit would be in the form of enhanced tax collection and taxpayers’ satisfaction. He said that this time nothing would be on paper and everything will go on practically. “People will feel the change. We will broad the tax base and try to divide the burden of taxes through bringing the new taxpayers in tax net. In this regard government will use information technology as effective tool,” he added.