FBR Launches Task Force for Digital Transformation in Tax Collection

Web DeskAugust 6, 2024 06:15 AMbusiness
  • New task force aims to enhance FBR's digital capabilities.
  • Deadline set for one month to propose policy interventions.
  • Focus on user-friendly systems for taxpayers and efficient operations.
FBR Launches Task Force for Digital Transformation in Tax CollectionImage Credits: tribune.com.pk
The Federal Board of Revenue establishes a task force to enhance digitalisation, aiming for improved tax collection efficiency and transparency.

The Federal Board of Revenue (FBR) in Pakistan is set to undergo significant changes as a new 10-member task force has been established to focus on digitalisation. This initiative aims to improve the efficiency of tax collection and management through advanced technology. Digitalisation is crucial for modernising the FBR, making it more transparent and effective in its operations.

The task force has been given a strict deadline of one month to develop policy interventions that will guide the FBR in its digital transformation journey. This includes implementing data automation and finding suitable software solutions that can streamline processes and reduce human error. The prime minister has taken a proactive step by appointing a diverse group of members, including experienced businessmen and information technology experts, to ensure that the task force has the right mix of skills and knowledge.

Digitalisation of the FBR is not just about technology; it is about creating a system that is user-friendly for taxpayers and efficient for the government. By automating data processes, the FBR aims to reduce the time and effort required for tax collection, making it easier for citizens to comply with tax regulations. This move is expected to enhance the overall tax collection system in Pakistan, leading to increased revenue for the government.

The formation of this task force marks a significant step towards modernising the FBR. With a clear focus on digitalisation, the task force has the potential to transform how taxes are managed in Pakistan. As the deadline approaches, the nation will be watching closely to see how these experts will shape the future of tax administration in the country.

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