FBR

Orders FBR to file compliance report in 45 days; notes system's failure reflects officials inefficiency

Revenue authority also initiates action against tainted employees

Seeks investigation reports from FIA, SECP, CCP, FBR, SBP within 90 days

Income tax refunds of the business community had been pending with the FBR since 2014-15

Revenue board issues transfer and posting orders for 12 officers

Finance adviser asks for adopting clear strategy for release of remaining refunds

'Forcing companies to submit data again and again will add to bureaucratic hurdles'

Persistent deficit can lead to more indirect taxes, higher petroleum levies

The committee stressed the need for holding frequent meetings of the policy board

Tells NA committee about Rs220b worth of administrative measures taken in budget