In a high-level meeting chaired by Prime Minister Shehbaz Sharif, the next phase of reforms for the Federal Board of Revenue (FBR) was discussed, leading to the approval of a cutting-edge digital system. The Prime Minister directed that global experts be brought on board to assist in the design and implementation of the new framework.<\/p>\n
Highlighting the significance of these reforms, PM Shehbaz emphasized that the digital transformation of FBR would pave the way for a more efficient and transparent taxation system, playing a pivotal role in strengthening the economy.<\/p>\n
“The future lies in not just digitizing, but in building a comprehensive digital ecosystem that connects the data from raw material production to finished product manufacturing. This will allow for seamless monitoring of the entire value chain,” the Prime Minister stated.<\/p>\n
The new system will also harness centralized data to aid in economic planning and decision-making. With real-time monitoring, the government can make informed choices to address fiscal challenges more effectively.<\/p>\n
The Prime Minister concluded that these reforms would increase the country’s tax base while combating the informal economy, ensuring long-term financial stability and reaching the goal of reducing the tax gap.<\/p>\n
End<\/p>\n","protected":false},"excerpt":{"rendered":"
In a high-level meeting chaired by Prime Minister Shehbaz Sharif, the next phase of reforms for the Federal Board of Revenue (FBR) was discussed, leading to the approval of a cutting-edge digital system. The Prime Minister directed that global experts be brought on board to assist in the design and implementation of the new framework. …<\/p>\n","protected":false},"author":6,"featured_media":5161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[160],"class_list":["post-5160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-headline"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/5160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=5160"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/5160\/revisions"}],"predecessor-version":[{"id":5162,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/5160\/revisions\/5162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/5161"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=5160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=5160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=5160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}