Friday, September 20, 2024

PM directs FBR authorities to gird up loins for revenue generation with dedicated efforts

PM directs FBR authorities to gird up loins for revenue generation with dedicated efforts
July 13, 2024 Web Desk

ISLAMABAD (APP) - Prime Minister Muhammad Shehbaz Sharif on Saturday directed Federal Bureau of Revenue (FBR) authorities to tighten their belts and serve the nation by formulating a strategy and mechanism coupled with usage of latest technology to broaden the tax net base without further burdening the honest tax payers.

During a visit to FBR Headquarters, the prime minister said that the incumbent government had the sole agenda of putting Pakistan on path of progress with consistent improvement in the economic indicators.

“Though it may be a difficult journey which requires collective and individual efforts, sincerity and sacrifices and putting forth the national interests supreme over all other interests,” he emphasized. Terming the staff level arrangement with International Monetary Fund (IMF) as a positive omen for the country’s economy, he expressed the hope that IMF board would also give a go ahead in this regard.

The prime minister said now it was their responsibility to act speedily and work tirelessly for making the IMF programme as the last one in the country’s history, adding after which a journey of progress and prosperity would commence in the country. The prime minister expressed the confidence that Pakistan could become a great and prosperous country with collective and individual efforts. “If we want to get rid of debts, the FBR should levy taxes on those who had not been paying any taxes,” he opined.

The prime minister said that the country’s top taxmen should realize the issue of repeatedly burdening of honest tax payers including the government employees who filed their annual tax returns. He stressed upon levy of taxes and broadening of revenue resources with usage of latest technology practiced worldwide including help from the artificial intelligence and said that digitization of FBR was a step in this regard which should be fully utilized.

The prime minister maintained that he felt pains over learning of seeking foreign debts as the nations could not be built like in this manner. He also lauded the FBR for collecting 30 percent more revenues as compared to the last year’s corresponding period and emphasized that for the collection of its set target, the enforcement of taxes should be the top agenda. The prime minister said that in these efforts, the FBR should not create problems for the tax-paying businessmen and industrialists rather; it should provide facilities to encourage the tax payers.

Earlier, the prime minister arrived at the FBR Headquarters where he was welcomed by Minister for Finance and Revenue Muhammad Aurangzeb, Minister of State for Finance and Revenue Ali Pervaiz Malik and Chairman FBR Malik Amjad Zubair Tiwana.