Islamabad, The Government has announced its intention to restructure the Federal Board of Revenue (FBR) to improve its governance, efficiency, and effectiveness. This initiative is part of a broader effort to enhance the performance and accountability of the revenue agency.
According to Ministry of Information and Broadcasting, the restructuring proposals for the FBR have been developed in line with international best practices. These proposals aim to rationalize and streamline the functions of the FBR, strengthen its policy board, and improve overall governance, integrity, and performance. A key aspect of this restructuring is the introduction of a creative oversight structure designed to increase the FBR’s accountability to the state and its clients.
The reform plan includes the creation of specialized administrative structures, which will be complemented by improved delegation and enhanced accountability of administration. Additionally, the government is considering the establishment of a Tax Policy group equipped with the necessary expertise and analytical capabilities. This group is expected to facilitate the rationalization of the tax regime with an emphasis on fairness and equity.
These proposals have been the result of extensive deliberations and consultations conducted over several months with experts, academics, and senior leadership of the FBR and its members. It’s important to note that these proposals do not encompass any downsizing of the workforce or outside interference in the administrative matters of Customs or Inland Revenue service by any other agency or ministry.