The Finance Ministry has decided to activate the newly established Tax Policy Office, created on the International Monetary Fund’s (IMF) demand, by initiating key appointments.
According to the 24NewsHD TV Channel report, to facilitate this, vacancies have been advertised, inviting applications by April 6 through the National Job Portal.
As part of the restructuring, the ministry will appoint a Director General (DG) under the Special Professional Pay Scale-I (SPPS-I) and five directors.
These positions include Director of Economic Analysis, Director of Business Taxation, Director of Personal Taxation, and Director of International Taxation.
Additionally, a director for direct or indirect taxation will also be appointed under the Special Professional Pay Scale-II (SPPS-II).
Last month, the federal government officially notified the establishment of the Tax Policy Office, marking a significant shift in Pakistan’s taxation framework.
Under this reform, the Federal Board of Revenue (FBR) will be restricted to tax collection, while the newly established Tax Policy Office will report directly to the Minister of Finance and Revenue.
The office has been created to develop and implement the government's tax reform agenda.
The Tax Policy Office will conduct policy reviews and prepare reports related to income tax, sales tax, and the Federal Excise Duty (FED) for the finance minister.
It will also analyse tax policies and proposals through data modelling, revenue projections, and economic forecasting.
Reporter: Waqas Azeem