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                      PM Lauds FBR, Pushes for Further Reforms

                      Published by Shafaq Sheikh on July 24, 2025
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                      • ESG
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                      Prime Minister Shehbaz Sharif has appreciated the recent progress made by the Federal Board of Revenue (FBR), especially its efforts to modernize the tax system. While chairing a review meeting in Islamabad, he said the improvements were a “welcome” step toward better national revenue.

                      The PM directed that FBR reforms must continue with clear deadlines and modern solutions. He praised the FBR’s digital efforts, including its new faceless customs clearance system, which will cut processing time from 52 hours to just 12 in the next three months.

                      The PM highlighted the need to bring the informal economy into the tax net and encouraged open consultation with traders, businesses, and taxpayers. He stressed that increasing revenue without burdening the common person remains a top priority.

                      The FBR reported a historic rise in tax-to-GDP ratio and tax filer numbers, growing from 4.5 million in 2024 to over 7.2 million in 2025. Income tax from retail also rose by PKR 455 billion due to POS integration and stricter enforcement.

                      Shehbaz Sharif directed officials to present an action plan with timelines next week. He also thanked FBR teams for their efforts and encouraged the use of international expert advice for future reforms.

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                      • Shafaq Sheikh

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