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
REMIT Pakistan Launches Policy to support Pakistan’s Transition to Green Trade and Investment
REMIT Pakistan has just launched two key policy papers outlining a roadmap...
Pakistan’s PM approves one of the largest regulatory reform initiatives in the world
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Pakistan’s FM and British High Commissioner Jane Marriott co-chaired REMIT Pakistan’s Steering Committee meeting
The Finance minister of Pakistan, Muhammad Aurangzeb, chaired REMIT Pakistan's Steering Committee...
REMIT brings together key stakeholders to discuss climate finance opportunities for Pakistan
Strengthening partnerships and coordination for Climate Finance. REMIT Pakistan held a workshop...
REMIT Pakistan Trained Women Entrepreneurs in Multan on Accounting & Taxation in Pakistan
Multan is not just known for its mangoes and exquisite blue pottery....
REMIT Pakistan held consultations at LCCI for Developing the New Industrial Policy in Pakistan
REMIT Pakistan held consultations at the Lahore Chamber of Commerce & Industry...
Optimizing Revenue and Public Spending for Inclusive Growth
Happening today in Karachi Chairman Sindh Revenue Board, Wasif Ali Memon giving...
REMIT Pakistan meets the Minister Board of Investment
REMIT Pakistan met with the Minister Board of Investment to apprise him...
Video: Optimizing Revenue and Public Spending in Pakistan for Inclusive Growth | Pre-Budget Consultative Workshop
Happening now in Lahore: Kicking off REMIT’s nationwide pre-budget consultation sessions on...
British High Commissioner to Pakistan talks about REMIT Pakistan’s work
REMIT Pakistan‘s gender and inclusion work cuts across our key economic reform...