ISLAMABAD: With the aim to facilitate employees, the Federal Board of Revenue (FBR) has established a Central Inland Revenue Welfare Fund for IR.
The Inland Revenue Welfare Funds Rules, 2016 will be applied on central inland revenue fund maintained at FBR headquarters and regional inland revenue welfare funds maintained at all inland revenue formations
The fund can be utilised for personal loans, renovations and repairs of Government residences, purchase/repair of vehicles, subsidy/financial assistance (staff up to BS-16) retired from service and other project/activity involving common welfare of the staff.
According to the rules, there shall be constituted and managed a Central Inland Revenue Welfare Fund Board at FBR Headquarters, Islamabad which shall consist of Member (IR-Operation), Chairperson, Senior most Member of FBR from IR, Member, Chief Management (Inland Revenue), Member and Secretary to the Member (IR) Secretary.
The Central Inland Revenue Welfare Fund Board shall look after the Inland Revenue Welfare Fund activities at the FBR Headquarters. There shall be formed and managed a Regional Inland Revenue Welfare Fund Board in each Large Taxpayer Unit (LTU) and Regional Taxpayer Office (RTO) and Directorate General which shall consist of Chief Commissioner or Director General, Chairperson, senior most Commissioner or Director, Member, Additional Commissioner (HQ) or Additional Director, Secretary, one officer working in BS 17 or 18, Member, one official working in BS 7 to 16, Member and one official working in BS 1-6, Member.
Complete Inland Revenue Welfare Fund Rules 2016