ISLAMABAD: The Federal Board of Revenue (FBR) has delegated responsibility to newly-appointed chief management to scrutinize the information furnished by the employees in their asset declarations forms.
Malik Tanvir Akhtar has been asked to hold tight scrutiny of the information provided by the FBR officials and employees in the annual asset declaration forms. Under Revised Conduct Rules 1964, submission of asset declaration forms is mandatory for all employees after the closure of every financial year.
A well-placed source at FBR told this scribe here on Tuesday that with the appointment of newly appointed Chief Management Malik Tanvir Akhtar, serious efforts in this regard had kicked off. The source said that Asset Declaration Form carried information of total income of employees, his or her spouse, expenditures incurred on education of children, foreign trips, membership fee of clubs and household. Form also carried information about all moveable and immovable assets, his or her spouse and dependants.
“Details of banks accounts are also part of this information,” the source said, adding: “Submission of reconciliation of increase or decrease is also must”. The source said that nothing significant had been happened in this regard in the past, however, the incumbent government had taken this issue seriously ensured that all employees should submit these forms.
“Under the directions of the government that FBR took strict action against those officials and employees who failed in submitting their asset declaration and as per punishment stopped payment of their performance allowances,” the source said. The source further said that new Chief Management had been given a task to scrutinize the verbosity of the declared information in those asset declaration forms.
“This mechanism is targeted to ensure integrity and honesty in the organization and which can be very effective, however, innocent officials may have to bear the brunt in case of incorrect scrutiny as well as any biased approach of the official given the task scrutiny,” the source added.