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Wednesday April 24, 2024

Introducing new laws to increase tax base: FBR chief

By our correspondents
June 29, 2017

PESHAWAR: Federal Board of Revenue (FBR) chairman Dr Mohammad Irshad on Wednesday said that the new tax laws will have no affect on the existing taxpayers rather through this way it would increase the network for a prosperous Pakistan.

This he said, while addressing the gathering at the foundation stone laying ceremony of the District Taxation Office (DTO) in District Charsadda.

Irshad said that the teaching of Chinese language has been made compulsory in all the training institutes of the FBR because of the ongoing development in this part of the world after signing the China-Pakistan Economic Corridor (CPEC), which is certainly the game changer as far as development in the country is concerned.

The DTO offices established in the light of the newly-introduced reforms will be autonomous and mini-RTO office having financial and administrative powers to recruit staff, will also be established.

He also said that District Tax Officer will be in-charge of the district and will having representation at Tehsil level so that they could report about all affairs regarding the overall performance of tax collection. The DTO will have separate office and will have the powers of rectification, which will simplify the verification system and will be appellate authority in deciding the taxpayers.