Islamabad: The Asian Development Bank (ADB) and the Federal Board of Revenue (FBR) are joining forces to bolster their efforts in the Digital Tax Administration Project, as claimed by a news source on May 2.
According to the details, a recent meeting between ADB officials and FBR leadership at the FBR headquarters proved productive, aiming to enhance collaboration. Led by Senior Director Tariq Niazi from Manila, the ADB mission engaged in discussions with FBR leaders regarding the progress of the Domestic Resource Mobilisation Program (DRM).
The ADB expressed satisfaction with the successful rollout of the program, particularly highlighting achievements under Sub Program I, which contributed to improved policies and institutional capacity within the FBR.
The FBR articulated its vision of transitioning into a Digital Tax Administration, aligning with the Prime Minister’s objectives to modernise and maintain global competitiveness. Their focus lies on digitalising processes to decrease taxpayer compliance costs, broaden the tax base, and ensure sustainable revenue growth.
In pursuit of this vision, the FBR will collaborate with Karandaaz to develop a comprehensive digital strategy. The ADB expressed keen interest in supporting this endeavour, and both parties agreed to explore avenues for strengthening their collaboration in advancing Pakistan’s Digital Tax Administration Project.
As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.
