Trade, industrialization being promoted: Chairman FBR

Over 2,000 FBR officers transferred

The Chairman of the Federal Board of Revenue, Syed Muhammad Shabbar Zaidi has said the government is taking necessary steps to promote industrial and commercial activities in the country. Talking to newsmen here on Saturday, he said drastic measures have been initiated in the budget to stabilize economy.  He said traders and entrepreneurs are facing a lot of problems and FBR is committed to resolve all problems. He said FBR is also trying to redress grievances of traders regarding custom duty.
Zaidi said that the real motive for strict actions on asset recovery is to increase trade and industrialization in the country. Traders have a lot of complaints against the institute of customs and we are trying to resolve them on priority basis. Green Channel will be increased from 40 to 60 percent, announced Zaidi. Zaidi also told that the prices of edible ghee and oil would not be increased after strict directives from the Prime Minister himself.
Chairman FBR also announced that none of the accounts have been frozen as yet of the people who failed to or refused to declare assets in the government’s declaration (amnesty) scheme. Zaidi expressed that they had been working diligently towards ending misuse of power in the institute and bettering the workings of the Federal Board of Revenue.
Speaking on the IMF bailout package Zaidi said that the International body had given a major relief to the government in terms and conditions. Zaidi expressed resolve to completely automate the processes of the institute and its dealings.
Meanwhile, Federal Board of Revenue (FBR) announced the transfers of more than 2,000 officers in a major reshuffle on Saturday. According to a notification, the FBR in a grand scale shakeup has decided to transfer officers in 16 offices ranging from grades 9 to 16.


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