Cabinet defers FBR restructuring

The federal cabinet, under the leadership of Prime Minister Anwaarul Haq Kakar, on Tuesday deferred the approval of the restructuring plan for the Federal Board of Revenue (FBR) due to questions regarding the mandate of the caretaker government and the perceived complexity of the proposed scheme. A sub-committee, headed by the finance minister, has been formed to review the restructuring plan and suggest further changes in line with the country’s existing governance structure and feedback from federal ministers. Sources say, PM Kakar acknowledged the efforts of the finance minister but said her plan needed additional clarity before it is approval. According to a statement from the PM Office, “The PM directed to establish an inter-ministerial committee under the supervision of the finance minister in the light of the opinions of the cabinet members regarding the proposals presented regarding the FBR reforms.”