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Cabinet, ECP at odds over FBR overhaul

Commission says move beyond interim set-up’s mandate
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Cabinet defers FBR restructuring

Questions arise over caretaker govt mandate, complexity of proposed scheme
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SIFC deadline to overhaul FBR set to miss

Differences between FBR chairman, finance minister over restructuring tax machinery persist
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Interim Govt Forms Task Force to Bring Tax Reforms in Pakistan

Interim Govt Forms Task Force to Bring Tax Reforms in Pakistan
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

Ardsher Saleem Tariq , Shamshad Akhtar , Malik Amjed Zubair Tiwana , Manzoor Ahmed , Amanullah Amer , Mehmood Khalid , Aamir Ijaz Khan , Khalid Mahmood , Pakistan Business Council The , Ministry Of Planning , Pakistan Business Council , Information Technology , Caretaker Finance Minister , Federal Board , Musharrafr Cyan , Amjed Zubair Tiwana , Human Resource , Audit Reports , Finance Minister , Tax Policy Board , Secretary Revenue Division ,

In need of revenue mobilisation strategy

Daily Times
May 2, 2021
The provinces must participate in devising a national tax policy and collection apparatus as their share under 7th National Finance (NFC) Award (57.5 percent) is greater than the federal government and it cannot be reduced under Article 160(3A) of the Constitution of the Islamic Republic of Pakistan [“the Constitution”]. Article 156(2) of the Constitution after Constitution (Eighteenth Amendment) Act, 2010, [commonly called “18th Amendment”] requires federalised and not centralised economic planning. It reads: The National Economic Council shall review the overall economic condition of the country and shall, for advising the Federal Government and the Provincial Governments, formulate plans in respect of financial, commercial, social and economic policies; and in formulating such plans, it shall, amongst other factors, ensure balanced development and regional equity and shall also be guided by the Principles of Policy set-out in Chapter 2 of ....

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