Islamabad: The newly appointed Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, has taken decisive steps to strengthen tax collection efforts and streamline ongoing initiatives, as reported on August 9.
As per details, in a key directive issued to Member Operations, Mir Badshah Khan Wazir, Chairman Langrial called for a comprehensive briefing on the Tajir Dost Scheme, reflecting his commitment to enhancing trader compliance and boosting revenue collection. During his first briefing, FBR officials provided an overview of the organizational structure and key policy initiatives, including the Tajir Dost Scheme and the ongoing digitization efforts within the FBR. These initiatives are pivotal in modernizing the tax system and ensuring transparency. The Tajir Dost Scheme, developed in consultation with trader bodies, introduced new income tax rates across 42 cities, mandating monthly tax payments by traders. Non-compliance will result in strict enforcement actions, underscoring the FBR’s resolve to uphold tax laws.
Chairman Langrial has also tasked various FBR directorates with preparing detailed presentations on their respective domains, emphasizing his top priority: maximizing tax revenue. In anticipation of potential fiscal challenges, the FBR has submitted several tax-related proposals to the finance minister, ensuring the government’s financial stability.
Chairman Langrial’s proactive approach signals a renewed focus on accountability and efficiency within the FBR, aiming to foster a fair and transparent tax system for all stakeholders.
