Islamabad: Prime Minister Shahbaz Sharif, speaking during a visit to the FBR headquarters, said revenue would have to be increased if the country was to be pulled out of the debt quagmire. He said that it has been decided to digitize all the operations of FBR and the implementation has started. He said that the entire team has worked together for the digitization of FBR, and this journey is long but necessary for the bright and prosperous future of Pakistan. The Prime Minister said that the increase in tax revenue by 27% over last year is welcome, but much more needs to be done.
He pointed out that tax cases worth trillions of rupees are pending in the courts, which are very important to be decided soon. to benefit the national exchequer. He said that there are many shortcomings in various institutions regarding performance, which is the need of the hour. The prime minister also lamented that the track and trace system was not used effectively in the FBR in the past, although the system could play an important role in preventing tax evasion.
Shehbaz Sharif said that there has been a lot of pressure on the country’s economy due to debts, and now we have to resort to modern technology to get out of this pressure. He said modern systems are also being introduced in Customs and other institutions. in order to improve efficiency. He said that Pakistan has come to this place today. Where it is possible to move towards rapid development.
In his address, the Prime Minister described investors as the main pillar of the country’s development and said that they are the crown of our head and every possible facility will be provided to them. He said that development and prosperity is the purpose for which this country was formed, and now the time has come to get rid of debt by trusting in our abilities. He made it clear that the priority of the government is to encourage good work and also to be accountable for negligence or negligence.
