FBR CHAIRMAN MEMBERS LAWS TAXES POLICY FUNCTIONS

The Central Board of Revenue (CBR) was created on April 01, 1924 vide Act, 1924.
In 1960 FBR was made an attached department of the Ministry of Finance.
In 1974 the post of Chairman FBR was created.The Revenue Division continues to exist since from December 01, 1998.By the enactment of FBR Act 2007 in July 2007 the Central Board of Revenue has now become Federal Board of Revenue.

Current Chairman FBR Mr. Tariq Bajwa
Fuctions
the Chairman, FBR, being the executive head of the Board as well as Secretary of the Revenue Division 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 Chairman List

1)
Mr. Tariq Bajwa
02-07-2013
Till Date
2)
Mr.Ansar Javed 
10-04-2013
30-06-2013
3)
Mr. Ali Arshad Hakeem
10-07-2012
09-04-2013 
4)
Mr. Mumtaz Haider Rizvi
21.01.2012
10-07-2012
5)
Mr. Salman Siddique
24.12.2010
21.01.2012
6)
Mr. Sohail Ahmad
18.05.2009
24.12.2010
7)
Mr. Moinuddin Khan
02.01.1998
06.11.1998
8)
Mr. Hafeezullah Ishaq 
11.11.1996
02.01.1998
9)
Mr. Shamim Ahmed 
28.08.1996
11.11.1996
10)
Mr. Alvi Abdul Rahim
13.07.1995
28.08.1996
11)
 Mr. Sajjad Hasan 
24.07.1991
03.10.1991
12)
Mr. Ahadullah Akmal   
16.08.1990 
24.07.1991
13)
Mr. Ghulam Yazdani Khan
22.01.1989
11.08.1990
14)
Syed Aitezazuddin Ahmed
 20.08.1988
02.01.1989
15)
Mr. I.A. Imtiazi
11.08.1985     
20.08.1988
16)

Mr. Fazlur Rahman Khan           
14.12.1980 
11.08.1985 
17)

Mr. N.M. Qureshi                      
12.11.1975  
14.12.1980
18)

Mr. M. Zulfiqar                            
01.10.1974
12.11.1975
19)
Mr. Riaz Ahmad                       
17.11.1973  
30.09.1974
20)

Mr. M. Zulfiqar                           
11.10.1971 
17.11.1973

FBR Members
1.Member (Facilitation & Taxpayers Education) 
2.Member  (Inland Revenue - Policy/  Official Spokesperson FBR)
Functions:
Deal with all policy matters, rules, regulations, interpretation of relevant laws and perform all allied functions, relating to Income Tax, Sales Tax, Federal Excise Duty, Income Support Levy, Capital Value Tax, Wealth Tax and Corporate Asset Tax; including:
Exemptions
Avoidance of Double Taxation Agreements
Formulate and present proposals relating to Income Tax, Sales Tax, Federal Excise Duty, Income Support Levy and Capital Value Tax for annual Finance Bill;
Liaise with international organizations/ agencies on matters relating to Inland Revenue;
Supervise all inter-ministerial issues relating to Inland Revenue;
Coordinate in matters relating to Inter Provincial Coordination Committee;
Process, short list and nominate officers of IRS for IRS specific training;
Exercise powers and perform functions of the Board under the provisions of Sales Tax Act 1990, Income Tax Ordinance 2001, Federal Excise Act 2005, Income Tax Rules 2002, Federal Excise Rules 2005 and Sales Tax Rules 2006, as delegated by the Board:.

3.Member (Administration)
4.Member (HRM)
5.Member (Accounting)
6.Member (Inland Revenue - Operations)
Functions:
Achieve revenue targets and manage operations relating to Inland Revenue;Supervise revenue collection by Chief Commissioners of all RTOs / LTUs who shall report to him;Monitor enforcement and Withholding Tax activities relating to Inland Revenue;Law & Procedure except matters falling in the purview of Member (IR-Policy);Liaise with the Member Customs for WHT on imports;Exercise powers and perform functions of the Board under the provisions of Sales Tax Act 1990, Income Tax Ordinance 2001, Federal Excise Act 2005, Income Tax Rules 2002, Federal Excise Rules 2005 and Sales Tax Rules 2006, as delegated by the Board:To Exercise powers and functions of the Board under section 214B of the Income Tax Ordinance, 2001.
7.Member (Taxpayers Audit)
8.Member (Legal)
9.Member (Customs)
10.Member (Strategic Planning, Reforms & Statistics)
11.Member IT (Information Technology)
12.Member (Enforcement & WHT )
13.Member FBR
 
RTO
Chief Commissioner Inland Revenue (RTOs).RTOs were established to provide efficient service to taxpayers.
Responsibilities:All matter relating to administrative control,Generation of revenue with in jurisdiction,Enforcement/collection of revenue,Facilitation of Taxpayer,All legal issues pertaining to the jurisdiction,Any other assignment by the chairman...

0 comments

Post a Comment

Free Service