Govt establishes task force to digitalize FBR

MG News | August 05, 2024 at 09:52 AM GMT+05:00
August 05, 2024 (MLN): For compehensive and end to end digitalization of the Federal Board of Revenue (FBR), the Prime Minister has constituted a Task Force on Digitalization of FBR, with immediate effect.
The task force will be chaired by Minister of State for Finance & Revenue with the Co-Chair Major General Syed Ali Raza, DG C41.
The Terms of Reference (ToR)s of the Task Force include the formulation of policy interventions required for digitalization of FBR along with implementation of data autormation/software solutions, encompassing following
a) Data integration (vertically with Provincial Revenue Authorities & horizontally across Ministries/Government departments)
b) Risk based auditing with CNIC as single primary identifier to broaden tax base
c) Supply chain automation (wholesaler, distributor & middleman network)
d) Track & Trace System through integrated/automated system
e) Restructuring of PRAL as an independent IT driven bureau for for effective generating planning data/stats and, Trade data sharing interface with trading partners valuation/appraisal.
The Task Force shall submit its recommendations/plan for consideration of Prime Minister, within one month. FBR shall notify the above Task Force and provide secretarial support.
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