Islamabad: The Prime Minister, Shehbaz Sharif, highlighted the importance of the Federal Board of Revenue (FBR) in advancing the national economy during a significant meeting held under his chairmanship.
The meeting deliberated establishing Inland Revenue Appellate Tribunals and ensuring a transparent procedure for judges’ appointments. He said these tribunals are instrumental in effectively adjudicating tax-related cases and that top-notch legal professionals should be engaged to facilitate the process.
Shehbaz Sharif said
Shehbaz Sharif said he would supervise reforms and productivity within FBR through weekly evaluation meetings. Besidesdes monitoring ongoing reform, herms would also strategize for increased revenue collection and efficient case management. He underscored the need to set up Customs Appellate Tribunals along with Inland Revenue Appellate Tribunals to expedite the resolution of customs-related disputes, thus streamlining revenue processes.
Recognizing the role played by competent officers within FBR, Shehbaz Sharif ordered a framework to identify and incentivize outstanding performance, motivating them. Further, they aim to achieve excellence in their duties for the country’s economic development.
Moreover, he reiterated the government’s commitment to a transparent tax administration system. While stressing the need to implement efficiency-enhancing measures and remove bureaucratic red tape to promote a fair, equitable taxation regime.
The Prime minister called upon all stakeholders, saying we need joint efforts to reap our associated targets. With national improvement, emphasizing the position FBR performed in sales technology and creating enabling surroundings for monetary increase investment.
Establishing Inland Revenue Appellate Tribunals and Customs Appellate Tribunals was seen as a step towards a more responsive. Efficient tax dispute resolution mechanism. He urged proactive steps to address pending tax cases quickly, thereby reducing litigation and improving compliance.
He further directed FBR to continue modernizing tax administration through technology-driven solutions. This can be achieved using digital platforms to improve taxpayer services, streamline processes, and minimize administrative costs.
