The Federal Board of Revenue (FBR) has taken a big step in the racing of tax receipts and the financial target. Now the FBR offices across the country will be open on Saturday.
The FBR has directed all the Chief Commissioners to cancel the weekly holiday at the offices and work on the usual week. The move has been adopted to ensure timely recovery of revenue in the financial year 2024-25.
FBR officials say the decision will remain in force till June 30, 2025, and during this time, official hours will be strictly banned. At the same time, all officers have been instructed to focus on improvement in performance and the achievement of tax goals.
It is to be remembered that recently the World Financial Institute (IMF) has reduced Pakistan’s tax target from Rs 12,970 billion to Rs 12,370 billion. However, the FBR is under financial pressure, as the tax short fall has exceeded Rs 700 billion in the first 9 months of the fiscal year 2024-25.
The FBR’s new strategy has been described by critics as an additional burden on employees, but the company is determined that the move is essential to saving the national treasury and supporting the economy.