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According to Samaa,
In a significant move to enhance Pakistan’s tax system, the government has established a 10-member task force to digitize the Federal Board of Revenue (FBR). This initiative, supported by the State Information and Facilitation Center (SIFC), aims to streamline FBR’s operations through comprehensive digital transformation.
Key Objectives of the Task Force
The task force has been given a wide-ranging mandate to modernize FBR’s systems. Among its primary goals are automating data processes, implementing advanced software solutions, and collaborating with provincial revenue authorities for smoother integration. By addressing these areas, the task force seeks to improve overall efficiency and transparency in revenue collection.
One of the key focuses of the task force is developing an automated supply chain system for wholesalers and distributors. This initiative aims to simplify and digitize the entire supply chain process, making it more efficient and transparent. Additionally, the task force plans to introduce a track-and-trace system through integrated automation, allowing for better monitoring and control of goods throughout the supply chain.
Transforming PRAL into an Independent IT Bureau
Another major goal is converting Pakistan Revenue Automation Limited (PRAL) into an independent IT bureau. This transformation is crucial for generating accurate data and statistics, which will help in more effective planning and decision-making within the FBR. The government believes that by leveraging technology in this way, FBR can significantly improve its operations.
Enhancing Trade Collaboration
The task force also aims to create a seamless interface between the FBR and trade partners. By ensuring accurate pricing and estimates, this interface will not only enhance collaboration but also improve tax compliance across the supply chain.
A Step Towards Greater Transparency and Efficiency
The government’s initiative to digitize the FBR reflects its commitment to improving transparency, enhancing revenue collection, and making the tax system more efficient. Through the power of technology, this digital transformation promises to bring long-lasting benefits to Pakistan’s economy.
