IMF recommends FBR to become more stabilized

ISLAMABAD: Pakistan has been suggested by the International Monetary Fund (IMF) to stabilize the Federal Revenue Agency (FBR) to collect taxes from across the country.

Also read: FBR sets new tax collection target at Rs1.29 trillion

The IMF also recommended that the center could return the taxes to the provinces and districts after collecting it in one place.

Also read: FBR collects Rs320bn in October 2019, says Shabbar Zaidi

The IMF believes that the collection of taxes would be more effective if the FBR maintains that it should collect taxes at the provincial and district levels so that the taxpayers will not have to travel to any tax offices.

Also read: FBR collects Rs320bn in October 2019, says Shabbar Zaidi

In Pakistan, taxpayers are required to fill 47 tax forms. Any form of tax can be collected at any tax office across the country.