FBR told to focus on simplifying tax collection system

Published February 6, 2019
State minister Hammad Azhar says he plans on asking the parliament for a special tax relief for small retailers. — File
State minister Hammad Azhar says he plans on asking the parliament for a special tax relief for small retailers. — File

Minister of State for Revenue Hammad Azhar on Wednesday instructed the Federal Board of Revenue (FBR) to focus on simplifying the tax collection system while acknowledging the need for new legislation in this regard, Radio Pakistan reported.

The state minister's directives came during a speech at the three-day International Conference on Taxation at the FBR's Lahore office.

Read: What Pakistan can learn about tax reforms from developing countries

Azhar, as per Radio Pakistan, also delivered a media briefing where he said that he plans on asking parliament for a special tax relief for small retailers.

However, he also warned that no leniency will be shown during the drive to recover taxes.

The FBR, with an eye on accelerating revenue collection, has reportedly already devised a comprehensive plan for tax reforms, one of which is the simplification of the tax system.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...
Saudi FM’s visit
Updated 17 Apr, 2024

Saudi FM’s visit

The government of Shehbaz Sharif will have to manage a delicate balancing act with Pakistan’s traditional Saudi allies and its Iranian neighbours.
Dharna inquiry
17 Apr, 2024

Dharna inquiry

THE Supreme Court-sanctioned inquiry into the infamous Faizabad dharna of 2017 has turned out to be a damp squib. A...
Future energy
17 Apr, 2024

Future energy

PRIME MINISTER Shehbaz Sharif’s recent directive to the energy sector to curtail Pakistan’s staggering $27bn oil...