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Tariq Pasha, under Govt’s consideration for FBR Chairmanship

Syed Umarullah HussainiWeb Editor

13th Feb, 2020. 11:20 am
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tariq pasha

Tariq Pasha is under consideration for the post of Chairman Federal Board of Revenue (FBR), media reports said on Thursday.

As per details, Tariq Pasha the top contender for the post of chairman FBR.

Pasha, the report said, may be given a three-year contract if given the post as he is going to be at the age of superannuation soon.

Prime Minister Imran Khan considering making two key appointments including adviser to PM on revenue and chairman FBR.

PTI-led government offered post of revenue adviser to Haroon Akhtar Khan.

However, Khan has yet to take a decision on the offer.

Khan, who had also served as the revenue adviser during the PML-N government sought complete independence with choosing a new top team at the FBR, including a chairman of his choice.

Other names under consideration Mujtaba Memon, Jehanzeb Khan, Nausheen Javed and Javed Ghani.

Earlier, the government had appointed current Economic Affairs Minister Hammad Azhar as revenue minister.

However, the portfolio withdrawn within 24 hours.

FBR revised Target

The FBR already revised downward its annual target from Rs5.5 trillion to Rs5.238 trillion

With it becoming clearly evident that the Bureau would not be able to achieve its revised target.

The FBR cannot go beyond Rs4.7 to Rs4.8 trillion so massive revenue shortfall will be on cards if the IMF does not agree to a further reduction in the target.

Khan had given a presentation to the prime minister a few days back and apprised him that the import compression did not impact the revenue collection to the extent claimed by the FBR.

He was of the view that the duty and taxes collected in rupee and after devaluation, the import bill had gone up over Rs7 trillion causing the revenue leakages at customs heavy losses to the national exchequer.

Khan had also opposed the higher discount rates during that meeting.

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