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FBR to roll out track-and-trace system to improve revenue collection >Federal Board of Revenue (FBR) will be rolling out the new track and trace system in July this year to enhance the revenue collection process in Pakistan. This was announced by the officials of FBR during a meeting of the Senate Standing Committee on Finance, Revenue and Economic Affairs on Monday. In the meeting the Committee Chairman, Senator Farooq Hamid Naek was informed that the scope of the track and trace system would be expanded to industries like sugar, cement and fertilizer. The new system from FBR will also monitor the beverage industry and would help in widening the tax base besides addressing the issue of under invoicing.

Farooq hamid naekFarooq hamidEconomic affairs onSenate standing committee onCompanies amendmentFederal boardSenate standing committeeEconomic affairsCommittee chairmanSenator farooq hamid naekCompanies amendment billCompanies actஃபெரூக் ஹமிட் நஎக்ஃபெரூக் ஹமிட்பொருளாதார வாழ்க்கைத்தொழில்கள் ஆன்செனட் நின்று குழு ஆன்