ISLAMABAD: Finance Adviser Dr Hafeez Shaikh on Thursday constituted two committees of the Federal Board of Revenue (FBR) which have been tasked with identifying and removing technical and complaint issues.
The Terms of Reference of the 11-member Technical Committee include identifying distortions, anomalies and inequalities in the taxation system, which cause difficulties for taxpayers, or which discourage investment, industrialisation, documentation, and propose solutions.
The committee will also propose measures to reduce the dependency on withholding taxes, minimum tax, advance tax etc. It will also propose measures for simplification of all taxation procedures in a manner which does not compromise revenue collection and documentation.
The seven-member Complaint Oversight Committee will maintain complete, holistic oversight over the complaint resolution mechanism of FBR.
The committee will review the entire life cycle of a given complaint, from lodging its nature, action taken, resolution, post-resolution review, to further action required to be taken if any.
Published in Dawn, September 18th, 2020