ISLAMABAD – PTI government takes the practical step for converting FederalBoard of Revenue into Pakistan Revenue Authority.
As the federal government has expedite the reforms process forrestructuring the entire tax machinery and introduce centralised collectionof general sales tax (GST) on services and goods, a seven-member steeringcommittee has been constituted under the supervision of Federal Board ofRevenue (FBR) chairman Shabbar Zaidi.
Importantly, four subcommittees have also been formed to put more effortinto the matter.
The committees are tasked to look for the future status of the taxauthority under the federal government as attached department orsemi-autonomous body or completely autonomous.
Other issues which the committees will look into relate to recruitment,retention, capacity, remuneration, financial autonomy, organisationalstructure and work process.
On Oct. 3, Prime Minister Imran Khan convened an important meeting toapprove the proposed structure of the Pakistan Revenue Authority (PRA) andfield formations. These reforms are part of the World Bank-funded ‘PakistanRaises Revenue Project’.
The plan aims to restructure the incumbent Federal Board of Revenue (FBR)into Pakistan Revenue Authority (PRA) with a deadline of June 2020.