The
Federal Board of Revenue (more commonly known by its initials as
FBR) is the semi-autonomous, supreme federal agency of
Pakistan that is responsible for enforcing and collecting revenue for the government of
Pakistan. FBR has the responsibility for(i) formulation and administration of fiscal policies,(ii) levy and collection of federal taxes and(iii) quasi-judicial function of hearing of appeals.FBR is estimated to be the largest federal bureaucracy in Pakistan. The agency primarily operates through its main collection arms, its field formations, the Regional Tax Offices (RTOs) and Large Taxpayer Units (LTUs) across the country. FBR is the guardian of the national treasury. FBR has two major wings: the Inland Revenue Wing which brings in over 90% of FBR's total collection and Customs Wing. Mostly in the media, the acronym 'FBR' is also often mentioned when speaking in relation to Inland Revenue Officers (previously Income Tax Officers) in Pakistan. For the purpose of collection of revenue and pursuing tax evaders, FBR's powers & functions also include but are not limited to: carrying out inquiries and investigative audits into the tax affairs, commanding arrests, attachment as well as
public auction of movable and immovable assets of a non-compliant.
Salman Siddiqui is the current chairman of the agency and under his capacity as Chairman FBR, he is authorized Office of the Secretary, Revenue Division, Government of Pakistan.
History and......
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