FBR Specifies Powers of Directorate Officials for Monitoring Jewelers, Accountants & Builders
The Federal Board of Revenue (FBR) has issued an “implementation plan” of the Directorate General of Designated Non-Financial Business and Professions (DNFBPs) to specify powers and functions of the directorate officials on a national level for monitoring of the jewelers, accountants, and developers/builders.
The FBR’s Directorate-General DNFBPs has communicated the “implementation plan” to the field formations to share details of the officials in each city for proper functioning and enforcement of the relevant provisions of the law.
Under the “implementation plan”, the FBR has also assigned additional responsibilities to the officials of the Directorate General of Intelligence and Investigation Inland Revenue and officials of the Customs at Model Customs Collectorates to exercise powers of the DNFBPs under the relevant notification.
FBR to Introduce Reforms to End Political Interference in Transfers and Postings
The Federal Board of Revenue (FBR) has decided to implement key reforms in January 2021 by checking political interference in transfers/postings and reducing the total number of FBR members from existing thirteen to eight or nine under new reform and restructuring plan.
Sources familiar with matter told ProPakistani that the plan included reconfiguration of the board itself by reducing the number of FBR members from thirteen to nine or eight under the reforms plan.
The FBR would create the position of Director Generals and also abolish the posts of few members. The FBR will also rationalise professionals to support staff ratio.