Pursuing the Prime Minister of Pakistan\u2019s vision to broaden the tax base, the Federal Board of Revenue held a seminar at the Gujranwala Chamber of Commerce and Industry (GCCI) to inform the business community of key reforms and measures aimed at broadening the tax base, enhancing voluntary compliance, strengthening transparency and accountability across Pakistan\u2019s revenue administration.
\nThe seminar was organized by the Taxpayer\u2019s Services (TPS) Wing of the FBR under the supervision of Member TPS Tehmina Aamer, the FBR team comprised Muhammad Muti-ur-Rehman Mumtaz, Secretary Taxpayers\u2019 Education and Facilitation and Abdul Rehman Sheikh, Second Secretary Facilitation, said a news release.
\nThe seminar was attended by a large number of traders, industrialists and members of the business community. Senior Vice President Saad Jamil, Vice President Faisal Sattar Mughal along with chairpersons of various standing committees and executive members of the Chamber also attended the event.<\/p>\n
During the session, the FBR officials delivered a comprehensive presentation on reforms introduced under the FBR Transformation Plan. He highlighted major initiatives including Point of Sale (POS) Integration, Track and Trace System, Digital Invoicing, Faceless Customs System, Cargo Tracking System, Direct Port Delivery System, Reward & Rating System, and Video Analytics for production monitoring in different sectors.
\nHe informed the participants that video analytics has already been deployed in the sugar and cement sectors and is currently being implemented in the textile sector.
\nThe presentation highlighted that the integrated implementation of these reforms have contributed to improved tax compliance, increased tax-to-GDP ratio, and reinforced transparency and accountability within the revenue framework.
\nThis was followed by an interactive Question & Answer session, during which members of the business community raised various queries regarding tax facilitation and compliance. The FBR team addressed the questions comprehensively and provided necessary guidance.
\nThe seminar concluded with the presentation of souvenirs and giveaways by FBR to the office bearers and executive members of GCCI as a gesture of appreciation and collaboration.
\nThe event reaffirmed FBR\u2019s commitment to sustained engagement with the business community and its resolve to build a transparent, accountable, efficient and facilitative tax system for betterment of national economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pursuing the Prime Minister of Pakistan\u2019s vision to broaden the tax base, the Federal Board of Revenue held a seminar at the Gujranwala Chamber of Commerce and Industry (GCCI) to inform the business community of key reforms and measures aimed at broadening the tax base, enhancing voluntary compliance, strengthening transparency and accountability across Pakistan\u2019s revenue […]<\/p>\n","protected":false},"author":2,"featured_media":524223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-524212","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n