Finance Minister, Shaukat Tarin, suggested new tax reforms to add to the coming budget that are progressive and reduce the need for interaction between the taxpayers and the authorities.
According to Business Recorder reports, the minister informed this to the Federal Cabinet in a meeting held recently.
The two purposes of tax reforms pointed out by Tarin are not new for the government. In previous budgets, attempts have been made to implement reforms that lead to progressive taxation and curtail interactions between the general public and officials of the Federal Board of Revenue (FBR), but could not achieve much success.
FBR also implemented systems like Weboc to settle claims of exporters, but even then, there were complaints that officials dealing with these claims are not clearing them without extra incentives and inducement.
This time around, the Finance Minister has started with the formation of a sub-group on revenue comprising Chairman FBR, Michael Best, and Ehtisham Ahmed.
