{"id":98809,"date":"2024-08-28T11:33:39","date_gmt":"2024-08-28T06:33:39","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=98809"},"modified":"2024-08-28T11:37:16","modified_gmt":"2024-08-28T06:37:16","slug":"fbr-forms-32-member-task-force","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html","title":{"rendered":"FBR forms working group to increase tax collection, meet 2024-25 targets&nbsp;"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has launched a 32-member task force to tackle gaps in revenue collection and enhance tax revenue for the fiscal year 2024-25, as reported on August 28.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-sets-september-30-deadline-for-tax-returns.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR announces deadline for filing income tax returns 2024<\/a><\/p>\n\n\n\n<p>As per details, this initiative aims to achieve a target of Rs 12.9 trillion, marking a 41 percent increase over the previous year&#8217;s goal. The task force, led by FBR Chairman Rashid Mahmood Langrial includes 22 officers from the Inland Revenue Service and 10 from Pakistan Customs. The group is tasked with a three-phase approach: identifying weaknesses in the current tax system, developing a timeline for implementing corrective measures, and estimating the additional revenue that these interventions could generate.<\/p>\n\n\n\n<p>The task force has already begun its work and is scheduled to hold its first meeting on August 30. It has been allocated two weeks to deliver a comprehensive report detailing gaps in the tax system, covering income tax, sales tax, federal excise duty, and customs duty. The report will also recommend targeted measures to address these gaps and outline potential revenue gains.<\/p>\n\n\n\n<p>According to an official notification, the task force will focus on key reform areas within tax administration, including procedural and mechanical improvements, human resources, administration, and taxpayer facilitation. Chairman Langrial emphasized that the FBR\u2019s strategy will rely on practical, locally-informed solutions tailored to Pakistan&#8217;s unique context, rather than imported models from developed countries.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbrs-new-penalty-on-late-filers-faces-challenge.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR cannot penalise late filers: Tax experts<\/a><\/p>\n\n\n\n<p>In addition to the task force, the FBR has established a new team dedicated to tax data analytics. This team will analyze income tax and sales tax data to uncover further gaps and opportunities for revenue enhancement.<\/p>\n\n\n\n<p>This proactive approach highlights the FBR\u2019s commitment to strengthening tax collection and achieving its ambitious revenue goals for the coming fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has launched a 32-member task force to tackle gaps in revenue collection and enhance tax revenue for the fiscal year 2024-25, as reported on August 28. Read: FBR announces deadline for filing income tax returns 2024 As per details, this initiative aims to achieve a target of Rs 12.9 trillion, marking a 41 percent increase over the previous year&#8217;s goal. The task force, led by FBR Chairman Rashid Mahmood Langrial includes 22 officers from the Inland Revenue Service and 10 from Pakistan Customs. The group is tasked with a three-phase approach: identifying weaknesses in the current tax system, developing a timeline for implementing corrective measures, and estimating the additional revenue that these interventions could generate. The task force has already begun its work and is scheduled to hold its first meeting on August 30. It has been allocated two weeks to deliver a comprehensive report detailing gaps in the tax system, covering income tax, sales tax, federal excise duty, and customs duty. The report will also recommend targeted measures to address these gaps and outline potential revenue gains. According to an official notification, the task force will focus on key reform areas within&hellip;<\/p>\n","protected":false},"author":89,"featured_media":98239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[3362,54453,18032,3193,21960,56222,59180,54568],"persona":[],"class_list":{"0":"post-98809","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr","9":"tag-fbr-news-and-updates","10":"tag-fbr-sales-tax","11":"tag-federal-board-of-revenue","12":"tag-income-tax","13":"tag-news-and-updates","14":"tag-tax-sytem","15":"tag-zameen-news","16":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR Forms 32-Member Task Force- Zameen News<\/title>\n<meta name=\"description\" content=\"FBR launches a 32-member task force to identify revenue gaps and boost tax collection, aiming for Rs 12.9 trillion in FY 2024-25.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR Forms 32-Member Task Force- Zameen News\" \/>\n<meta property=\"og:description\" content=\"FBR launches a 32-member task force to identify revenue gaps and boost tax collection, aiming for Rs 12.9 trillion in FY 2024-25.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-28T06:33:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-28T06:37:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/08\/FBR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sabahat Abid\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sabahat Abid\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR Forms 32-Member Task Force- Zameen News","description":"FBR launches a 32-member task force to identify revenue gaps and boost tax collection, aiming for Rs 12.9 trillion in FY 2024-25.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html","og_locale":"en_US","og_type":"article","og_title":"FBR Forms 32-Member Task Force- Zameen News","og_description":"FBR launches a 32-member task force to identify revenue gaps and boost tax collection, aiming for Rs 12.9 trillion in FY 2024-25.","og_url":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2024-08-28T06:33:39+00:00","article_modified_time":"2024-08-28T06:37:16+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/08\/FBR.jpg","type":"image\/jpeg"}],"author":"Sabahat Abid","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Sabahat Abid","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html"},"author":{"name":"Sabahat Abid","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9db33618e4b5dfe90a74f6cd07923d16"},"headline":"FBR forms working group to increase tax collection, meet 2024-25 targets&nbsp;","datePublished":"2024-08-28T06:33:39+00:00","dateModified":"2024-08-28T06:37:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html"},"wordCount":314,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/08\/FBR.jpg","keywords":["FBR","FBR news and updates","Fbr sales tax","Federal Board of Revenue","income tax","News and updates","tax sytem","Zameen news"],"articleSection":["Legal &amp; Taxation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html","url":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html","name":"FBR Forms 32-Member Task Force- Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/08\/FBR.jpg","datePublished":"2024-08-28T06:33:39+00:00","dateModified":"2024-08-28T06:37:16+00:00","description":"FBR launches a 32-member task force to identify revenue gaps and boost tax collection, aiming for Rs 12.9 trillion in FY 2024-25.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/08\/FBR.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/08\/FBR.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-forms-32-member-task-force.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR forms working group to increase tax collection, meet 2024-25 targets&nbsp;"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9db33618e4b5dfe90a74f6cd07923d16","name":"Sabahat Abid","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","caption":"Sabahat Abid"},"description":"Sabahat Abid is a content creator at Zameen Media, illuminating the real estate landscape with her engaging writing.","url":"https:\/\/www.zameen.com\/news\/author\/sabahat-abid"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/98809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/89"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=98809"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/98809\/revisions"}],"predecessor-version":[{"id":98810,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/98809\/revisions\/98810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/98239"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=98809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=98809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=98809"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=98809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}