Heading: CABINET COMMITTEE APPROVES PRAL’S BOARD RECONSTITUTION - 2024-09-21
The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Saturday approved the reconstitution of Pakistan Revenue Automation (PVT.) Ltd’s (PRAL) Board of Directors (BoD). The approval was given during the CCoSOEs meeting, which was virtually chaired by Federal Minister for Finance and Revenue Muhammad Aurangzeb. As per a statement by the Finance Division, the meeting considered a proposal by the Revenue Division regarding the reconstitution of the BoD of PRAL as per terms specified under the State Owned Enterprises Act 2023. “The meeting considered the recommendation of five majority independent directors and four ex-officio members by the Board Nominations Committee as per Section (1) of Section 10 of the Enterprises (Governance and Operations) Act, 2023,” read the statement. FBR digitisation: Aurangzeb calls for utilisation of PRAL, REMIT data It is pertinent to mention that PRAL, established in 1994, is responsible for providing technology-driven solutions to FBR, playing a vital role in automating the country’s tax collection system. Meanwhile, during the meeting, the committee was told that all the five members…
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