Friendly taxation system helps boost revenues

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Islamabad

Intensifying the process of revamping the taxation system of the country, the government during the past three years has taken numerous steps to make it taxpayer-friendly and effective, which in return has helped growth in revenue collection.

According to the Three Years Performance Report released here Thursday, the Federal Board of Revenue (FBR) has been striving to bring ease for the taxpayers to make them tax compliant and had targeted all policies at providing conducive environment for the business community to thrive without constraints of unnecessary burden of taxes.

According to the report, the objective of reforms is to increase FBRs autonomy by reducing the external influence to effectively ensure managing FBR’s performance; champion the shift towards direct taxation as the primary source of tax revenue as opposed.

 

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