fbr needs your proposals for finance bill 2020

Finance Bill 2020: FBR Seeks Your Proposed Amendments

FBR is looking for Income tax proposals for budget 2020-21. This is for preparing the finance bill 2020.

So FBR officials are asking the stakeholders to express their opinion regarding the proposed changes.

The process is simple. Make an MS-Word/Excel file and put in the following:

  1. Section/Clause/Rule in which you propose the amendment.
  2. Proposed Amendment i.e., the change you want to see.
  3. Rationale i.e., your reasoning for the proposed amendment.
  4. The Impact that you think the proposed change can have on the FBR revenue.

Once you make the file, send it via email to any of the following email addresses,

  • Chief.itp@fbr.gov.pk
  • Secy.itb@fbr.gov.pk

So, this is a chance for you guys to express your opinion for the finance bill 2020.

Instead of wasting time on social media platforms, let’s just put in some effort for the betterment of the tax system.

I am of the opinion that sometimes, a layman has the idea which many of the experts can’t even imagine. SO do your part.

Don’t just criticize the system. Step up and show your opinion that what changes you recommend for tax reforms so FBR can make it a part of the finance bill 2020.

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