Islamabad: Chairman FBR Rashid Mahmood Langriyal says that the Prime Minister has approved the reorganization of FBR, it will be implemented from November, complete track and trace will be implemented on the sugar sector by November 15.
Full implementation of several measures to stop smuggling will begin from January next year, it has been proposed to give the provincial governments the authority to crack down on illegal cigarettes.
Senate Standing Committee on Finance held a meeting under the chairmanship of Salim Mandviwala, in which Chairman FBR disclosed that taxes of 250 billion rupees are being evaded in various sectors including tobacco, 7 summaries have been prepared for the implementation of FBR transformation plan. have done
It has been decided not to give discount to banks in terms of advance deposit ratio. Chairman FBR said that a draft ordinance has been prepared to increase enforcement, which can be brought at any time.
Minister of State for Finance and Revenue Ali Pervez Malik said that track and trace system is being installed in four sectors, the complaint against the alleged fraud against Allied Bank was also considered in the meeting. Requested a report.
