Govt accelerates FBR reforms to build transparent, cashless economy

Speaking at the certificate distribution ceremony for the FBR’s Postgraduate Diploma Programme at Lahore University of Management

LAHORE: The federal government has intensified efforts to modernise Pakistan’s tax system by accelerating reforms in the Federal Board of Revenue (FBR), expanding the cashless economy and integrating advanced digital technologies to improve transparency and tax compliance.

Speaking at the certificate distribution ceremony for the FBR’s Postgraduate Diploma Programme at Lahore University of Management Sciences (LUMS), Finance Minister Muhammad Aurangzeb said the government is committed to creating a taxpayer-friendly and transparent financial system that supports long-term economic growth.

He said reforms are being implemented simultaneously in tax policy and tax administration, with a new operational model being introduced in the FBR to improve efficiency, accountability and public trust. The minister added that Prime Minister Shehbaz Sharif is personally overseeing initiatives aimed at documenting the economy, broadening the tax base and promoting digital financial transactions.

Aurangzeb revealed that authorities have uncovered major sales tax evasion cases, resulting in higher tax collections and increased revenue for the national exchequer. He stressed that modern digital tools, integrated databases and artificial intelligence will play a central role in strengthening tax administration and bringing the FBR in line with international standards.

Calling on tax officials to continuously upgrade their skills, the finance minister said restoring taxpayers’ confidence and protecting national resources remain among the institution’s highest priorities. He expressed confidence that ongoing reforms would improve the business environment and ensure the benefits of economic reforms reach ordinary citizens.

FBR Chairman Muhammad Rashid Langrial also addressed the ceremony, highlighting the importance of professional training and capacity building for tax officers. He said the organisation is focused on developing a modern, transparent and efficient tax system capable of meeting Pakistan’s evolving economic needs.