Islamabad: In a move to fortify tax collection and compliance, Rashid Mahmood Langrial, the newly appointed Chairman of the Federal Board of Revenue (FBR), has issued directives aimed at enhancing transparency and efficiency within the organization. Langrial called for a comprehensive review of ongoing initiatives, particularly focusing on the Tajir Dost Scheme, aimed at increasing trader compliance and optimizing revenue collection.
According to Zameen.Com, Langrial, during his first briefing with FBR officials, emphasized the importance of the Tajir Dost Scheme and other digitization efforts that are central to modernizing the tax system. The scheme, which has been developed in consultation with trader bodies, imposes new income tax rates in 42 cities and requires monthly tax payments from traders. Langrial stressed the enforcement of compliance, indicating that non-adherence would lead to strict penalties, highlighting the FBR’s commitment to maintaining rigorous tax policies.
Further, Langrial has tasked various FBR directorates to prepare detailed presentations on their areas of responsibility, underscoring his primary focus on maximizing tax revenue. These actions come as the FBR prepares to address potential fiscal challenges, including submitting several tax-related proposals to the finance minister to support the government’s financial health.
Langrial’s proactive measures demonstrate a strong commitment to fostering a fair and transparent tax environment, aiming to ensure accountability and operational efficiency across the board.