The Pakistani government has taken a significant step towards curbing tax evasion and smuggling activities by establishing a specialized task force. The task force, named the Task Force on Reforms, Tax Policy, and Revenue Collection, has been formed to devise a comprehensive plan of action aimed at separating tax policies from reforms, thereby effectively addressing tax theft and smuggling issues.
Heading the task force is Shamsad Akhtar, the vigilant Minister of Finance, who will serve as the Chairperson. The committee includes esteemed members such as Dr. Manzoor Ahmed, Dr. Mashood Rizvi, Amanullah Amir, Amer Aijaz Khan, Khalid Mahmood, and Mahmood Khalid, alongside Amjad Zabair Tawana, Chairman of the Federal Board of Revenue (FBR).
Furthermore, Ardeshir Salim Tariq, a member of the FBR, has been appointed as the Secretary of the task force, ensuring seamless coordination and efficient implementation of their strategies.
According to the issued notification, the Task Force has been assigned the responsibility of preparing 12 TORs (Terms of References) within a stipulated time frame. These TORs will serve as guidelines for the task force, directing them on specific areas of focus such as tax reforms, policy enhancements, and strategies to combat smuggling.
The government has placed a stringent deadline on the task force, mandating them to compile their recommendations within two weeks. During this time, the task force is expected to gather, analyze, and consolidate data related to tax evasion and smuggling. The findings will be incorporated into a comprehensive report that will serve as a foundation for future policies and actions against tax fraud and illicit trade.
This initiative signifies the government’s firm commitment to enhancing revenue collection, ensuring tax compliance, and eradicating illegal trade practices. By assembling a team of experienced professionals and providing them with a clear mandate, the government aims to create a robust framework that can effectively tackle issues related to tax evasion and smuggling. This proactive approach showcases Pakistan’s dedication to fostering economic stability and integrity within its financial systems.
