12/09/2025
The Federal Board of Revenue (FBR) met with representatives of OICCI and PBC to present its Transformation Plan, focusing on people, technology, and processes. The plan includes hiring 1,600 auditors, training officers at top universities, and introducing a Reward & Rating System to promote integrity, alongside technology-driven reforms such as digital production monitoring in key sectors, AI-based audit selection, and integrated data systems to curb tax evasion. These measures have raised the tax-to-GDP ratio from 8.8% to 10.24%, boosted customs revenue per goods declaration by 17.3%, and increased enforcement revenue eightfold, while also improving efficiency at ports. To support taxpayers, a Facilitation Division has been set up at LTO Karachi, and a joint committee of FBR, OICCI, and PBC has been proposed to address valuation issues. Business leaders welcomed the reforms, expecting them to reduce the burden on compliant taxpayers while broadening the tax base.