Federal Finance Minister Muhammad Aurangzeb has said that there is a great need for reforms in the Federal Board of Revenue (FBR), ‘end-to-end digitalisation’ is indispensable to prevent tax leakages.
Addressing the Tax Excellence Award ceremony, the Finance Minister said that digitization is not only necessary for increasing revenue and transparency but also for establishing the trust of taxpayers in FBR.
He said that the time of giving subsidies to various businesses has passed, now the focus should be on increasing exports.
The Finance Minister said that the government’s job is to provide policy framework, continuity of policies and provide competitive energy.