Pakistan, Jan. 17 -- Every year before the preparation of annual federal budget, the Federal Board of Revenue (FBR) seeksproposals from officers, trade/professional bodies, tax bars, and other stakeholders-this has become a ritual. Each year,after this futile exercise,the Finance Bill become more hopeless document-containing meaningless amendments in tax codes, imposing moreobligations on citizens as withholding tax agents,with no policy shift and administrative reforms.Asking to send proposals this year by February 15, 2021 for income tax only and "preferably" in a 'prescribed' format shows a typically bureaucratic (babu) approach!FBR's officials, foreign lenders and representatives of traders and industries as well as tax professionalsh...