Federal Board of Revenue (FBR) is striving to broaden the tax net and enhance the tax-to-GDP ratio to lessen the country’s dependence on external capital flows to fund the much-needed development projects.
This was stated by Mrs. Riffat Shaheen Qazi, Member FATE, FBR, while speaking to a group of some 30 college students from Talagang, district Chakwal, who visited the Facilitation and Taxpayers Education (FATE) Wing of the FBR for an academic briefing.
Mrs. Qazi welcomed the students and apprised them of the role and importance of FBR in the national economy. She also briefed the students on structure, working, functions and significance of FBR and its line departments like Inland Revenue (Income Tax, Sales Tax, and Federal Excise Duty) and Customs department. The presentation highlighted the reforms process, new image and approach of FBR.
The students were informed about the FBR’s efforts for promoting Taxpayers Facilitation and motivation for voluntary compliance of fiscal laws. They were further briefed on the developments of Inland Revenue Service and integration of tax matters.
In the end a session of questions and answers was also conducted. The students and the faculty members felt enlightened about new face of FBR.
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