The Federal Government has fulfilled another condition of the International Monetary Fund (IMF) and approved the establishment of offices for the Director General of Special Measures and two directors at the headquarters of the Federal Income Board (FBR) for coordination with field formations to address tax evasion.
A formal notification has been issued in this regard.
According to FBB notification, the new address has been established to identify failures in the country’s fiscal system, avoid erroneous declaration and lack of invocation, and develop a more integrated strategy to combat smuggling.
The notification also mentioned that these measures will help eliminate the complexities that lead to a decrease in income and eliminate unnecessary obstacles in the tax collection process.
The General Director of Special Measures will also coordinate with relevant ministries, divisions and other institutions in customs related matters.
The notification stated that, according to the new address, the general director and the directors will guarantee coordination with the field offices and the provincial authorities, identify failures in income collection and offer suggestions to resolve them.
Effective measures will also be proposed to stop inequalization and lack of invocation.
In addition, the Directorate will help organize special training courses and workshops for the Pakistan Customs Academy to raise awareness among customs officers and staff regarding erroneous deflection and lack of invocation.
According to the notification, the general director will supervise the entire process, who will inform the customs operations of the members.
Previously, the IMF Communications Director Julie Kozack said on Friday that Pakistan will receive $ 1.3 billion in climate financing.
Speaking at a press conference, Kozack stressed that discussions with Pakistan covered both the installation of extended funds (EF) and climate financing, said Express News.
Kozack also mentioned that the EFF program of 37 months of Pakistan, approved in September of the previous year, is still valid.
