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

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...