Latest FBR Releases
The first Quarterly Conference of Intelligence & Investigation (Inland Revenue) was held here today on 17.09.2012 at FBR (HQs), Islamabad. The Chairman FBR, Mr. Ali Arshad Hakeem, while addressing the Conference stressed upon the participants to enhance tax compliance and curb revenue leakages and general non-compliance through concrete and timely information on all sorts of tax evasion. He emphasized the central role which an Intelligence Agency like the D.G I&I - IR could play in enhancing tax compliance in the country.
2. Later, detailed discussions were held on how to contribute effectively towards achievement of the targets. . Various strategies were discussed to curb revenue leakages through mis-declaration, tax frauds, fake refunds and general non-compliance. The need for effective information gathering to curb tax evasion through all these means, was strongly felt and strategy derived for geographic and sectoral mapping of various businesses to develop a database and use it as tool of checking non-compliance and evasion.
3. During his concluding remarks, the Director General, I&I (IR), Khawaja Tanveer Ahmad highlighted the role envisaged for the DG I&I – IR and called upon the participants to draw a roadmap for achieving the tasks assigned to the Directorate General. He appreciated the fact that despite numerous hardships and resource constraints, the nascent Directorate General I&I – IR has been able to establish itself as a worthwhile institution within the FBR hierarchy in a short span of one and a half year. Members of the Board, Senior Officers, Director General I&I – IR Karachi, Lahore and Faisalabad and Director (HQs) I&I – (IR) Islamabad, also attended the Conference.