FBR Splits Sales Tax Department From Income Tax

The Federal Board of Revenue (FBR) has separated the administration of sales tax and Federal Excise Duty (FED) from income tax, posting 54 Inland Revenue officers to a newly created wing as part of its proposed restructuring .

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FBR Splits Sales Tax Department From Income Tax — Newsbeat business coverage
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FBR Splits Sales Tax Department From Income Tax — Newsbeat Business Desk
Key Takeaways
  • The Federal Board of Revenue (FBR) has separated the administration of sales tax and Federal Excise Duty (FED) from income tax, posting 54 Inland Revenue officers to a newly created wing as part of its proposed restructuring .
  • The FBR has created the post of Member, Sales Tax & FED (Technical) at its headquarters in Islamabad and, on Friday, transferred and posted 54 officers from BS-17 to BS-21 to the new setup.

KARACHI / ISLAMABAD — The Federal Board of Revenue (FBR) has separated the administration of sales tax and Federal Excise Duty (FED) from income tax, posting 54 Inland Revenue officers to a newly created wing as part of its proposed restructuring . The FBR has created the post of Member, Sales Tax & FED (Technical) at its headquarters in Islamabad and, on Friday, transferred and posted 54 officers from BS-17 to BS-21 to the new setup.

According to an official notification, Dr. Muhammad Sarmad Qureshi, a Grade-21 officer of the Inland Revenue Service (IRS), has been appointed Member Sales Tax and FED. The restructuring aims to give sales tax and FED their own administrative structure, with dedicated officers and field formations. FBR’s Board-in-Council has approved the new Member post, and the board’s organizational structure has been revised under its new reporting system.

However, FBR has not yet notified a post of Member, Income Tax (Technical). This means income tax matters of taxpayers will continue to be handled by the Member Inland Revenue (Operations) and the existing income tax setup, while separate sales tax zones will be created in field formations. Get the latest business news, market insights, and economic updates wherever you prefer.

Key Questions & Context

NEWSBEAT BRIEFING
Q: What is the core development in this report?

The Federal Board of Revenue (FBR) has separated the administration of sales tax and Federal Excise Duty (FED) from income tax, posting 54 Inland Revenue officers to a newly created wing as part of its proposed restructuring .

Q: What are the key details and background context?

According to an official notification, Dr. Muhammad Sarmad Qureshi, a Grade-21 officer of the Inland Revenue Service (IRS), has been appointed Member Sales Tax and FED. The restructuring aims to give sales tax and FED their own administrative structure, with dedicated officers and field formations. FBR’s Board-in-Council has approved the new Member post, and the board’s organizational structure has been revised under its new reporting system.

Q: Why does this matter for readers following Business?

However, FBR has not yet notified a post of Member, Income Tax (Technical). This means income tax matters of taxpayers will continue to be handled by the Member Inland Revenue (Operations) and the existing income tax setup, while separate sales tax zones will be created in field formations. Get the latest business news, market insights, and economic updates wherever you prefer.

FBR Splits Sales Tax Department From Income Tax | Newsbeat.pk