LAHORE: The Tax Reforms Commission (TRC) has recommended the Federal Board of Revenue (FBR) to conduct an audit of the Pakistan Revenue Automation Limited (PRAL). The audit was recommended on the immature information provided by the PRAL to TRC.
According to the details, the TRC suggested to audit the record regarding facilitating the taxpayers, application/queries and feedback of the stakeholders in order to improve it.
The commission also said that the FBR should introduce the advanced IT system to broaden the tax net and facilitate the users.
It is pertinent to mention here that PRAL has stopped the fast refunds system namely EPRS due to which the process of refunds is suspended. On the other hand, Finance Minister Ishaq Dar had announced to settle the refund claims of five million taxpayers in last week of March.