Minister of State for Revenue Hammad Azhar in his address to the participants said that government is trying to put economy of the country on the right track and FBR's role is of utmost importance.
"We are making fundamental changes in FBR and separated tax policy from operations. At the same time efforts are underway for Optimization of Revenues, IT Driven Processes, Investment Friendly Tax System, continuous Improvement and Innovation and Professional Workforce" he added.
FBR Member IR (Policy) Hamid Ateeq Sarwar gave a detailed presentation of the various policy and operational challenges faced by FBR and highlighted the strategies adopted by the FBR to address these issues. He also discussed the major initiatives of FBR to enhance revenue generation through ICT based tax system with minimal interface between taxpayers and tax collectors, automated risk system for identification of tax fraud and tax evasion and Real-time linkages between FBR database with third party data holders.
The briefing was followed by a detailed Questions & Answers session. The NMC participants freely asked questions which were candidly and frankly responded by Minister of state for Revenue Hammad Azhar and Chairman FBR Mohammad Jehanzeb Khan.
At the end of the Q&A session, the Rector National Management College (NMC), Lahore Ali Azmat Ranjha thanked Chairman FBR for providing the participants of NMC with an opportunity to interact with FBR's top management..-PR