Modernising & reforming FBR
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Pakistan, Aug. 30 -- Pakistan, for the last many decades,has been grappling with the problem of raising adequatetaxes to meet needs of both the people and the state. The perpetualand burgeoning fiscal deficit, coupled with deadly debt trap and mounting debt servicing, needs to betackled on emergent basis.The Federal Board of Revenue (FBR) has finally launched a comprehensive initiative for reforms and modernisation for which a separate wing and full-time, Member Reforms and Modernisation, has been appointed. According to details, this wing will ensure monitoring and evaluation of reform process to ensure effective implementation of time-bound goals and objectives, and consolidation of efforts to transform FBR into a modern, progressive, I...
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