Paradigm shift in Tax Culture: FBR to launch an unprecedented initiative across Pakistan

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Paradigm shift in Tax Culture: FBR to launch an unprecedented initiative across Pakistan

ISLAMABAD - Over a Paradigm shift in Tax Culture, Federal Board of Revenue to launch an unprecedented initiative across Pakistan, Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi announced on Friday.

Zaidi said that “a taxpayer friendly, easy, simple and effective audit framework” will be launched in the first week of October 2019.

He announced this in a tweet, in which he said the purpose of the framework will be to facilitate reasonable taxpayers.

“It will be designed to have a paradigm shift in tax culture. Least personal interaction,” he added.

Furthermore, the Chairman denied any deadlock between small traders and FBR as traders are an integral and useful part of the economy.

FBR, as a regulator of tax, will accept all suggestions and recommendations placed by traders, which are in the interest of economy and the people of Pakistan, he added.