ISLAMABAD: The Federal Board of Revenue (FBR) formed committees to identify and remove technical and legal anomalies in the Finance Bill, 2021.
The FBR formed following committees:
Sultan Ali Allana, Chairman, HBL has been appointed as chairman of the business anomaly committee. Ch. Muhammad Tarique, Member (IR- Policy), FBR is co-chairman of the committee. The other members of the committee are included:
- Ehsan A Malik, CEO, Pakistan Business Council
- M. Shariq Vohra, President, Karachi Chamber of Commerce and Industry
- Irfan Siddiqui, President, Overseas Investors Chamber of Commerce and Industry
- Sherbaz Ilyas Ghazanfar Bilour, President, Sarhad Chamber
- Abdul Samad, President, Quetta Chamber
- Mian Naseer Hayat Maggo, President, Federation of Pakistan Chambers of Commerce and Industry
- Mian Tariq Misbah, President, Lahore Chamber of Commerce and Industry
- Adil Bashir, Chairman, All Pakistan Textile Mills Association
- Asif Peer, President, American Business Council
- Asad Shah, Director (External Affairs), PTC
- Amir Waheed, ex-President of Islamabad Chamber
Naeem Akhtar Sheikh, UHY Hassan Naeem & Co. has been appointed as chairman of the anomaly technical committee constituted by the FBR. The co-chairman of the committee are: Ch. Muhammad Tarique, Member (IR-Policy), FBR; and Syed Hamid Ali, Member (Customs –Policy), FBR,
The other members of the committee are:
- Ashfaq Tola, FCA, FCMA
- Abdul Qadir Memon, Patron Pakistan Tax Bar, Karachi
- Syed Yawar Ali, Chairman, Pakistan Business Council, Karachi
- Shahzad Hussain, Ex- Partner, A F Ferguson & Co.
- Khurram Mukhtar, Patron-in-Chief, PTEA
- Ms. Sadia Nazeer, FCA, Partner KPMGA
- Hafiz Muhammad Idrees, Advocate, Supreme Court, Ex-President, Tax Bar
- Habib Fakhruddin, CA
- Abdul Wahab Kodvai
The committees have been given tasks to review the anomalies identified and to advise FBR on removal of anomalies.