Tag Archives: SIFC

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 …

The Pakistani government has made written commitments to the International Monetary Fund (IMF) to limit the powers of the Special Investment Facilitation Council (SIFC) and the Sovereign Wealth Fund. These measures are part of broader reforms to ensure greater accountability and transparency. Additionally, Pakistan has agreed to phase out all Special Economic Zones (SEZs) by 2035. Limiting SIFC and Sovereign …