Revenue Mobilisation
Introduction
REMIT is committed to improving revenue mobilisation in Pakistan by enhancing the institutional capacity of the Federal Board of Revenue (FBR) and reducing tax compliance difficulties for taxpayers. Despite the potential for revenue mobilisation in Pakistan, the FBR and taxpayers face various challenges, and REMIT aims to address these through its technical support.
Achievements
Our notable achievements include:
- Institutional Capacity Building and Strategic Reform: Review and finalisation of the Inland Revenue Strategic Reform Plan (2021-25) to improve tax compliance and administration, build institutional capacity and strengthen the legislative framework of FBR.
- Developing Revenue and Economy-wide Impact Models: Developing revenue and economy-wide impact multiplier models to assess budget recommendations.
- Trade Facilitation and Border Crossings: Comprehensive mapping of all informal border crossings across Pakistan’s western border to identify 22 potential formal border crossing points. This will help reduce the trade facilitation gap and create substantial economic opportunities for local residents who lost their livelihoods due to physical fencing.
- Sales Tax Harmonisation: Review of federal and provincial policies and legal documents concerning sales taxes in Pakistan, identifying obstacles to sales tax harmonisation. Through negotiation workshops held with leadership from revenue agencies, REMIT was successful in aligning various procedures of provinces through Finance Act, achieving an estimated 45% of sales tax harmonisation.
- Empowering Female Taxpayers: Training female tax facilitators on the tax registration/filing process to help female taxpayers improve compliance.
- TA and Support for Tax Compliance Improvement: Currently, REMIT is providing technical assistance and support for improving Track and Trace and Point of Sale systems, digital invoicing, and the national database integration for enhancing tax compliance. The programme is also supporting the development of cross-cutting and sector-level budget proposals, along with conducting a review of FBR’s business processes to improve automation.
Other Interventions Areas
Updates
The B-READY reforms launch in Karachi
The B-READY reforms launch in Karachi, led by the Board of Investment,...
B-Ready Pakistan
Next week, we will be engaging with business leaders, political and bureaucratic...
Meeting of the Steering Committee on Regulatory Modernization and Automation
At the meeting of the Steering Committee on Regulatory Modernization and Automation...
Climate and Gender Budget Tagging Workshop
Today, we commenced a week long Climate and Gender Budget Tagging workshop...
Technology for revenue mobilisation
Across Pakistan, we are training tax officials on Compliance Risk Management (CRM),...
REMIT team met with the Chairman of the FBR
The REMIT team met with the Chairman of the Federal Board of...
New Energy Vehicle Policy
Yesterday, the Prime Minister of Pakistan launched the New Energy Vehicle Policy....
Remit initiate Tax Training Program
Our gender and taxation initiative of training and mentoring has enabled many...
Remit supported the Federal Board of Revenue
Glad to have supported the Federal Board of Revenue in designing the...
REMIT has supported Pakistan’s Federal Board of Revenue (FBR)
REMIT has supported Pakistan’s Federal Board of Revenue (FBR) in the development...