FBR Under Scrutiny
Prime Minister Shehbaz Sharif has expressed serious concerns over the performance of the Federal Board of Revenue (FBR), particularly the Track and Trace System. The system, designed to curb tax evasion and smuggling, has reportedly faced significant challenges.
Accountability and Reform
In response to the system’s shortcomings, the Prime Minister has directed a thorough investigation to hold those responsible for the negligence accountable. A comprehensive overhaul of the FBR is also on the cards.
Digitization and Modernization
The government is committed to transforming the FBR into a modern, efficient tax collection body. Digitization is seen as a key component of this transformation. The Minister of State for Finance has been tasked with overseeing this process.
Urgent Action
Prime Minister Sharif emphasized the urgency of the situation, stating that saving public funds is a top priority. He reiterated the government’s zero-tolerance policy for corruption and inefficiency within the FBR.
