ISLAMABAD: Finance Minister Ishaq Dar on Thursday approved the constitution of the ‘Tax Reforms Commission’.
According to a statement issued on Thursday, the commission has been formed to facilitate the general public regarding taxation issues and upgrading the current taxation system.
The commission, headed by Masood Naqvi, will undertake review and rationalisation of direct and indirect taxes, customs tariff rationalisation; review of autonomy and administrative structure of Federal Board of Revenue (FBR). It would work on creation of border force to deal with illegal movement of persons and goods across the international borders and might also take up other related issues.
“The government has a firm resolve to promote tax culture in Pakistan but it is also equally important that the grievances of the people are addressed and their suggestions are acknowledged for improving our taxation system. Reform and rationalisation are the key objectives of constituting, this Commission”, said finance minister.
The Commission may avail the services of any expert(s) on need basis. It will finalise its recommendations in 120 days. FBR will provide Secretarial services to the Commission.
The commission will comprise of 20 members and may co-opt any other person with prior approval of the competent authority. The following will be the members of the Commission:
Masood Naqvi, FCA (Chairman)
Senator Usman Saifullah (Member)
Mian Abdul Manan, MNA, Representative of traders (Member)
Bashir Ali Muhammad, Industrialist (Member)
Chairman FPCCI or his nominee (Member)
President KCCI or his nominee (Member)
President LCCI or his nominee (Member)
President PCCI or his nominee (Member)
President QCCI or his nominee ` (Member)
President Institute of Chartered Accountants of Pakistan (Member)
President Institute of Cost and Management Accountants (Member)
Ex Federal Secretary Mirza Qamar Baig (Member)
Professor Azhar Akram, Academician (Member)
President All Pakistan Tax Bar Association (Member)
FCA Ashfaq Tola (Member)
Advocate Supreme Court Abid Shahban (Member)
Advocate Supreme Court Farrukh Jawad Pani (Member)
Mr. Ramzan Bhatti (Customs) (Member)
Farooq Malik (IRS) (Member)
Chairman FBR (Member/Secretary)
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