ISLAMABAD: The Board in Council of the Federal Board of Revenue (FBR), on suggestion of Member Customs Nisar Muhammad Khan, has decided to give authority of institutional punitive measures to field formations, chief collectors and chief commissioners. After the said decision, heads of the field formations will be authorised to take action against corrupt officers on mismanagement and corruption.
The board has also passed the audit policy of 2014 for the audit of fiscal year 2013-14.
As per details, FBR Chairman Tariq Bajwa has presided the board meeting in which decisions were taken on suggestions of member administration, member taxpayer audit and member customs.
FBR Member Admin Shahid Jatoi presented four proposals, on which chairman decided to change the designation of chief coordinator of Data Processing Unit to director general, FBR chairman has also accepted the proposal about provision of residence to FBR officers from other cities. In meeting members also decided to change the designation of director general of broadening of tax base.
FBR Chairman Tariq Bajwa has also accepted the proposal of under work ‘Stabilising Economy and Growth plan’ by Department of International Development. The proposal was presented by project director, in which UK DFID will provide financial assistance to FBR for broadening tax net to stabilise economy.