Saturday, July 24, 2010

RCG formed to obtain experts' input to raise tax to GDP ratio

News Paper: Business Recorder
 

SLAMABAD (July 24 2010): The Federal Board of Revenue (FBR) has constituted a Reform Co-ordination Group (RCG) to obtain input of experts on modern tax reforms strategy and measures to raise tax to GDP ratio. In this connection, FBR has issued a notification here on Friday.

According to the notification, to achieve the objects and purposes of the FBR as envisaged in section-4 of the FBR Act 2007 a Reform Co-ordination Group has been constituted to assess the FBR performance on matters relating to adaptation of modern tax administration strategy and formulation of tax policy to broaden the tax base and to increase revenue and tax to GDP ratio.

Reform Co-ordination Group shall comprise members including Shahid Hafeez Kardar, M Abdullah Yousaf, Ahmad Waqar, Vakil Ahmad Khan, Chaudhry Muhammad Arshad, Shahid Abdullah, Arshad Zuberi, Syed Muhammad Shabbar Zaidi, Abid Hassan and Ali Jameel. The notification further said that the members of the Reform Co-ordination Group are honorary and are not liable to draw any salary. The Strategic Planning and Statistics Wing of the FBR will be the Secretariat of the Reform Co-ordination Group, notification added.
-www.brecorder.com

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