ISLAMABAD – Federal Board of Revenue Chairman Syed Shabbar Zaidi has saidthat the FBR is working on a long-term strategy to expand the tax net inthe country, Radio Pakistan reported on Tuesday.
In a statement issued on Tuesday, he underlined the importance of buildingthe confidence of the business fraternity so as to jack up the economicsector of the country.
Zaidi admitted that the tax recovery in the country was not up to the mark.He, however, said that there was a dire need to improve the tax recoverysector.
The chairman said that a long-term strategy is being evolved for broadeningthe tax network so that the desired revenue collection could be made in anappropriate manner.
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Earlier on May 18, Zaidi had vowed long term reforms in the tax system.
Talking to industrialists and businessmen at Karachi Chamber of Commerce,the FBR chairman had said there was nothing ambiguous in tax amnesty schemelaw and it will not be amended in the finance bill.
