ISLAMABAD: Prime Minister Imran Khan launched the Track and Trace system of the Federal Board of Revenue (FBR) saying that the country’s tax collection would hit the Rs8 trillion mark.
During the launching ceremony, the prime minister said that they never thought that it would be launched during the incumbent tenure, however, it was a success that the system has been launched in 2021.
“This will bring a positive effect on cement and fertilizer sectors,” he said.
He said that the country could not be run without proper taxation and they had failed in Pakistan to develop a tax culture as people consider that their money would be laundered abroad rather than being spent in the country.
He said people will not hesitate in paying taxes if their confidence in government machinery is restored.
Imran Khan said the technology-based Trace and Track system will ensure utmost transparency in the tax collection and restore people’s confidence.