Federal Finance Minister Shaukat Tarin has said that the government intends to grant the Federal Board of Revenue (FBR) full independence to rule out the possibility of political interference.

The current government has been fully committed to ensuring the operational and financial independence of the FBR in order to prevent political interference and make it an efficient, merit-based, service-oriented and community-friendly organization.

Federal Finance Minister Shaukat Tarin said this in a speech to senior officials at the FBR headquarters in Islamabad.

He praised the FBR’s laudable performance in collecting targeted revenue last year, despite concerns over COVID-19.

He also mentioned that FBR is reaching its target for this year of Rs.5.829bn because FBR has already exceeded its target by Rs. 160bn in the first two months.

“Broadening the tax base is one of my team’s top priorities this year, and we have assembled committees that include experts from the private sector as well as the committed NADRA and FBR staff.”

He asked FBR staff to aim for an ambitious target of Tax-to-GDP ratio of 20 percent in next six to eight years. He further praised FBR’s committed work to cease smuggling despite resource constraints.

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