Federal Board of Revenue (FBR) has signed a memorandum of understanding with ‘Kar Anaz Pakistan’ for digitization of tax system.
On the occasion of signing the memorandum, Chairman FBR Malik Amjad Zubair Towana said that FBR is paying full attention to automating its system and digitizing the economy.
He said that efforts are on to tackle the challenge of undocumented economy, concerted efforts are being made to broaden the tax base.
Amjad Zubair Towana said that Car AnazPakistan will support FBR in digitization of tax system, which will help in reducing the cost of taxpayers and the agreement will lead to digitization of economy and widening of tax net.
According to the FBR statement, the digitization agreement will lead to a sustainable increase in revenue.