FBR Chairman Establishes Anomaly Committees for Finance Bill 2024

The Chairman of the Federal Board of Revenue (FBR), Malik Amjed Zubair Tiwana, has taken a proactive step by setting up two anomaly committees to tackle any business and technical irregularities discovered in the Finance Bill 2024. These committees aim to ensure a fair and transparent implementation of the bill.

The first committee, the Anomaly Committee on Business, is headed by Atif Akram Shaikh and Gohar Ijaz. Their primary focus is to identify and resolve any business-related anomalies that may arise. Ashhad Jawad and Amna Faiz Bhatty will support them as co-chairpersons, bringing a wealth of experience to the table.

On the other hand, the Anomaly Committee on Technical, led by Adnan Rizvi, will delve into the technical aspects of the bill. Ashhad Jawad and Amna Faiz Bhatty will also serve as co-chairpersons for this committee, ensuring a comprehensive examination of all technical anomalies.

These committees comprise members from various chambers of commerce and trade bodies, guaranteeing a diverse range of perspectives. Their recommendations are expected to be presented by June 20, 2024, marking a significant milestone in ensuring the smooth implementation of the Finance Bill 2024.

The establishment of these anomaly committees reflects the FBR's commitment to upholding transparency and fairness in the implementation of financial regulations. By addressing both business and technical anomalies, the FBR aims to create a conducive environment for businesses to thrive while ensuring compliance with the law. Stay tuned for the recommendations from these committees, as they play a crucial role in shaping the financial landscape of the country.