Prime Minister Shehbaz Sharif has directed senior Federal Board of Revenue (FBR) officials to visit Karachi during the first week of every month to strengthen engagement with the business community and ensure the timely resolution of tax related issues.
Chairing a meeting on FBR reforms on Wednesday, the prime minister instructed the tax authority to work closely with businesses, address their concerns on a priority basis, and recognize companies that consistently comply with tax laws.
He described the business community as the backbone of Pakistan’s economy and stressed the need to facilitate higher production, investment, and exports.
Shehbaz said the government’s objective is to improve the ease of doing business by making the tax system simpler, more transparent, and investor-friendly.
The meeting was also briefed on the progress of FBR’s digitization and enforcement reforms. Officials said production monitoring systems have already been installed in the sugar, cement, tiles, and fertilizer industries, while implementation is underway in the textile and beverage sectors.
According to the briefing, the monitoring system generated an additional Rs. 42 billion in tax revenue from the sugar industry, Rs. 38 billion from the cement sector, and Rs. 15 billion from the beverage industry over the past year.
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