ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on Saturday at the Finance Division to discuss various issues related to taxpayers’ facilitation.
The meeting deliberated upon various problems faced by the taxpayers in filing their returns and the role of the Federal Board of Revenue (FBR) in facilitating the taxpayers. The recommendations submitted in the interim report by the Tax Reforms Commission (TRC) were considered in detail with a view to simplify the processes for taxpayers.
The participants also discussed measures for improving the functioning and performance of FBR.
The finance minister directed to constitute a committee to oversee and expedite the ongoing reforms in FBR and to further improve taxpayers’ facilitation and broadening of the tax base.
The participants also discussed framework for monitoring the reforms on an ongoing basis. The reform process would be carried out in a phased manner with resolution of important issues on priority basis. Best international practices would also be considered for seeking guidance and improving the indigenous system.