Staff Report
ISLAMABAD: Finance Minister Ishaq Dar has constituted an eleven-member commission to review the existing revenue policies.
The Commission chaired By:
The body chaired by Ashfaq Tola will identify issues, difficulties and risks of existing tax system. It will review budget proposals and evaluate their consequences. It will suggest an action plan to curb the parallel economy and to make recommendations for improving financial inclusion in the documented system.
The body will make recommendations for minimizing taxpayer and tax collector interaction and maximizing the trust between FBR and the taxpayers.
It will advise restructuring of FBR from the perspectives of making it autonomous, establishing an independent audit system and a separate legal department.
It will make recommendations on the harmonization of GST between federation and provinces and development of a single portal for filing of sales tax returns
The body will also review the complexities of tax legislation. It will recommend a robust IT system.
