ISLAMABAD: The Establishment Division has directed officers of the Federal Board of Revenue (FBR) to submit comprehensive declarations of their assets and liabilities covering the past ten years, in a significant step to enhance transparency and accountability within the tax administration.
An official circular issued to FBR formations reiterates strict compliance with Rule 12 of the Government Servants (Conduct) Rules, 1964, which mandates government employees to disclose their financial details regularly.
Mandatory asset disclosure under conduct rules
Under the prescribed rules, every government servant is required to declare all movable and immovable properties at the time of entering service. This includes shares, securities, insurance policies, jewellery, certificates, and any other valuables owned by the officer or their family members.
Additionally, officers must submit annual statements of assets, income, and expenditures for each financial year ending June 30, clearly highlighting any increase or decrease in wealth compared to the previous year.
Consolidated 10-year report to be submitted
The circular further states that a consolidated report detailing compliance with asset declarations over the last decade must be furnished to the Establishment Division. The report will help identify missing submissions and ensure adherence to statutory requirements.
In light of the directive, the FBR has instructed all its formations to ensure that officers belonging to the Inland Revenue Service (IRS), Pakistan Customs Service (PCS), ex-cadre staff, and other officials under their administrative control submit any pending declarations of assets and liabilities.
March 9 deadline for pending declarations
All concerned officers have been directed to submit missing asset declarations for the period ending June 30, 2025, by March 9, 2026. The FBR has emphasized strict compliance with the deadline, warning that failure to do so may result in administrative action.
Move aimed at strengthening accountability
Officials said the initiative is part of broader reforms to reinforce integrity, curb corruption, and strengthen public confidence in the country’s revenue system. By ensuring strict enforcement of asset disclosure rules, authorities aim to promote financial discipline and transparency within the FBR.
The directive is expected to have wide-ranging implications, as thousands of officers and staff members will be required to reconcile and submit detailed financial records spanning an entire decade.
