Pakistan Revenue Authority Replaces FBR by Dec 31, 2019, sources told to media.
The sources said that the FBR is going to reduce the workforce drastically. A combined vigilance and integrity wing will work. To bring the book to the money makers in both Customs and Inland Revenue Service (IRS). Sources said that Pakistan Revenue Authority replaces FBR will work to eliminate the corruption. It will also speed up the revenue collection.
Further, according to media reports the top most feature of re-structured FBR (Proposed PRA) will to shift. And will transfer from the FBR to the Ministry of Finance.
The sources further added that the primary feature of the restructuring is to reduce the ranks of top offices.
The BS-21 officers currently governing two to three Collect-orates. The function of Directorates will to reduce to collectors and directors, the sources said, adding that the BS 20 officers will reduce to present post of additional collectors (ADCs).
The sources said that the corrupt officers will not be able to get on to BS-20.
Sources also confirmed that Pakistan Revenue Authority (PRA) under World Bank program will replace Federal Bureau of Revenue (FBR) into a single revenue collection body and for collection of all taxes.
Current structure of FBR is highly bureaucratic. Which does not commensurate with technology driven tax administration in vogue around the world.
Sources also confirmed that the proposal recently circulated among concerned ministries and departments for vetting, while the Prime Minister Imran Khan has advised concerned authorities to complete the process by June 2020.
The meeting noted that there is a need to establish legislatively empowered, tailored to task and technology driven Pakistan Revenue Authority.
The Revenue Division has formulated comprehensive proposal for establishment of Pakistan Revenue Authority (PRA) and centralized collection of GST by PRA under the ambit of World Bank’s’ Pakistan Raises Revenue Project.
WILL HELP TO ELIMINATE THE CORRUPTION
The meeting observed that in the interim period, FBR Headquarters needs to reorganized/re articulated on functional lines segregating Inland Revenue and Customs Operations into North and South Zones.
When Pakistan Revenue Authority Replaces FBR then Two BS-21
Deputy Chairmen of FBR proposed to be appointed. It will work effectively to coordinate and supervise segregated functions of Inland Revenue and Customs.
Major administrative and functional restructuring of existing Regional Tax Offices (RTOs), Large Taxpayer Units (LTUs) and District Tax Facilitation Centers also proposed to be undertaken.
It’s also a proposal that the disparate provincial revenue authorities be merged into a single authority. It will facilitate each province under the overall coordination, facilitation, guidance and oversight by PRA.
The meeting proposed to address collection, jurisdiction and double taxation issues, GST including on Services) be adopted as PRA’s responsibility.