FBR’s track and trace system to add hundreds of billions in revenue: PM Imran

Prime Minister Imran Khan on Saturday appreciated the Federal Board of Revenue (FBR) for achieving its seven-month targets and said a new IT-enabled system would add "hundreds of billions of additional revenue". 

The premier added that the revenue board had achieved its targets by undertaking a "bold tax audit and enforcement" couple with strong counter-smuggling measures. 

For the IT-enabled Track and Trace system, Imran said the system would become operational by July of this year and it would also help to curb counterfeiting and "establish the rule of law".

Earlier, the premier lauded overseas Pakistanis for a record increase in remittances in 2021 as compared to last year.

He had further said that the industrial sector is witnessing significant growth.