New FBR chairman
On August 24, 2021, Dr Muhammad Ashfaq Ahmad, a junior but highly competent officer of Internal Revenue Service (IRS) in grade-21 assumed the charge of Chairman Federal Board of Revenue…
New FBR chairman no solution
Press reports suggest change of guards to take place at Federal Board of Revenue (FBR) soon (may be today). The appointment of Chairman from within FBR (if the senior most…
Challenges before FBR’s new chairman
FBR (Federal Board of Revenue) has failed to meet original tax targets for the last six fiscal years, three of the coalition government of Pakistan Tehreek-i-Insaf (PTI) and rest under…
FBR: new chairman old challenges
On July 4, 2017, Tariq Mahmood Pasha, a seasoned grade-22 officer from Internal Revenue Service (IRS), assumed the charge of Chairman Federal Board of Revenue (FBR). The appointment of chairman from…
Budget 2014-15: Challenges before Chairman FBR
Our article [FBR: blame game continues, Business Recorder, May 16, 2014] wrongly conveyed that the Chairman of Federal Board of Revenue (FBR), during hearing before the Senate Standing Committee on…
FBR: new chairman, old challenges
Of all the federal government institutions, Federal Board of Revenue (FBR) is, rightly or wrongly, considered as the most incompetent, inefficient and corrupt. Even if it is merely a perception…
FBR restructuring: a recipe for disaster–I
While briefing the Senate Committee on Finance, Chairman FBR confirmed that the proposed restructuring of FBR involved parcelling it out into four boards, two separate ones for Customs and Inland…
FBR: dismal income tax collection
The continuously declining dismal share of income tax in overall tax collection during the last many years testifies to the lack of judicious balance between direct and indirect taxes, resulting…
FBR — making tax digital and beyond (II)
The top global trend at the moment is continuous transaction control-CTC aiming to close VAT gaps, increase revenue and have more control over data. CTC regimes however, is not uniform…
FBR’s resistance to tax reforms
Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are identified as growth-oriented reforms. To the extent that they reduce distortions to economic decisions on work,…
