Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed authorities to create a comprehensive strategy, with input from all stakeholders, to enhance the Federal Board of Revenue (FBR) performance. Emphasizing the necessity of modern technology for a better taxation system, Kakar chaired a meeting to review measures for FBR improvement. The gathering discussed widening the tax net, digitizing the taxation system, and proposed restructuring the FBR.
Kakar highlighted revenue collection as the backbone of the national economy, stating recent steps have been taken to combat smuggling, but more effort is needed for desired results. The meeting included key figures such as Caretaker Finance Minister Dr Shamshad Akhtar, Advisor to PM Ahad Cheema, FBR Chairman, Federal Finance Secretary, and other senior officers.
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The overarching goal is to modernize the tax system through technological advancements and ensure a more effective FBR. Kakar’s focus on stakeholder input and the discussion of restructuring indicates a comprehensive effort to strengthen the country’s revenue collection infrastructure. The commitment to combating smuggling aligns with the broader objective of fostering economic stability. The involvement of high-ranking officials underscores the significance of these initiatives in the caretaker government’s agenda.