| Islamabad: Prime Minister Shahbaz Sharif has established a 10-member task force to modernise Pakistan’s tax system through the digitalisation of the Federal Board of Revenue (FBR), as reported by a news source on September 4.
Read: FBR eyes 1% Withholding Tax increase to counter revenue shortfall
According to the details, the task force is charged with overhauling FBR’s operations by introducing comprehensive digital solutions. The main objectives include:
Development and implementation of policies aimed at the digitalisation of operations and processes.
Automation across data management and software systems should be introduced to enhance efficiency.
Ensuring seamless integration of data between provincial and federal departments for improved coordination.
Utilisation of CNIC data to conduct risk-based audits, thereby expanding the tax base.
Development and maintenance of an automated supply chain system to optimise logistics and inventory management.
Additionally, the task force aims to develop a track-and-trace system, restructure PRAL (Pakistan Revenue Automation Limited) into an independent IT bureau, and create a trade data-sharing interface with international partners.
Read: FBR targets PKR 1.196tr tax collection in Sep to align with IMF requirements
The task force is expected to submit its recommendations within a month, reflecting the government’s focus on using technology to enhance revenue collection, improve transparency, and streamline tax administration.
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