C.No.1/42-STB/2012(Pt), Islamabad, the 1st December, 2022

SROS: C.No.1/42-STB/2012(Pt), Islamabad, the 1st December, 2022 Reforms and Resource Mobilization Commission (RRMC) comprising GOVERNMENT OF PAKISTAN REVEUNE DIVISION FEDERAL BOARD OF REVENUE **** C.No.1/42-STB/2012(Pt) Islamabad, the 1st December, 2022 NOTIFICATION The Federal Minister for Finance and Revenue has been pleased to constitute a Reforms and Resource Mobilization Commission (RRMC) comprising following members: 1. Mr. Ashfaq Tola Chairman 2. Mr. Asif Haroon 3. Mr. Haider Ali Patel 4. Mr. Abdul Qadir Memon 5. Dr. Veqar Ahmed 6. Mr. Saqib Sherazi 7. Mr. Ghanzanfar Bilour 8. President FPCCI or his nominee 9. President Pakistan Tax Bar Association 10. Chairman FBR 11. Member (Reforms Modernization) FBR Secretary to the Commission Subject Experts 12. Mr. Nisar Muhammad-Customs 13. Dr. Muhammad Iqbal- Income Tax 14. Mr. Abdul Hameed Memon- Sales Tax 2. TORs of the Commission The Commission will advise and make recommendations to the Finance Minister on the following areas: (i) To review existing revenue policies, evaluate FBR data at macro level, and identify initiatives/measures/policies for resource mobilization, ease of doing business, and pro-economic growth (ii) To identify issues/difficulties/snags/risks of the existing tax system and recommend remedial measures (iii) To review the budget proposals, evaluate their consequences on business, and advice FM on practical aspects of budget proposals (iv) To review the proposed amendments in Finance Bill and make recommendations to the FM on implications of proposed amendments on businesses (v) To review the complexities of tax legislation and recommend simplification, e.g. different compliance levels for different categories of taxpayers (vi) To suggest action plan to curb the parallel economy and to make recommendations for improving…