The federal government is mulling a proposal to raise the tax collection target for the newly-appointed Chairman of the Federal Board of Revenue (FBR) from Rs5,700 billion to Rs6,000 billion for the next financial year, reporting 24NewsHD TV channel on Saturday.

The government is preparing a proposal to impose a tax burden of more than Rs1,000 billion on the people in the coming fiscal year. 

The federal government has appointed Asim Ahmed, a BS-21 officer of Inland Revenue Service (IRS), as the Chairman FBR after approval from the federal cabinet through the circulation of summary,

It may be recalled that Ahmad is the fifth FBR chairman appointed during the two-and-a-half-year tenure of the incumbent PTI-led government.

Reportedly, new FBR Chairman Asim Ahmed said that his top priority would be introducing automation in the tax collection for broadening the tax base and sharing the share of taxation on the shoulders of new taxpayers.

A day earlier, the services of FBR Chairman Muhammad Javed Ghani, who retired from the top tax collection body, were appreciated at the Board-in-Council meeting that was attended by Dr Waqar Masood, Special Assistant to the Prime Minister for Revenue and all members of the FBR.

https://twitter.com/FBRSpokesperson/status/1380545399102971906 Reporter 

FBR members presented a commemorative shield to Javed Ghani and expressed best wishes for him.

Special Assistant Revenue also appreciated his performance as Chairman while Javed Ghani thanked the officers and expressed hope that FBR would continue to perform well under the leadership of the new chairman.

Reporter Waqas Azeem