Tax Reforms Commission recommends PRAL’s audit
KARACHI: The Tax Reforms Commission (TRC) has recommended to the Federal Board of Revenue (FBR) to conduct audit of the Pakistan Revenue Automation Limited (PRAL).
Source said that the audit was recommended on the immature information provided by the Pakistan Revenue Automation Limited to the Tax Reforms Commission.
According to details, the Tax Reforms Commission suggested to audit the record regarding facilitating the taxpayers, application/queries and feedback of the stakeholders in order to improve its working. The commission also said that the FBR should introduce advanced IT system to broaden the tax net and facilitate the users.
It is pertinent to mention here that Pakistan Revenue Automation Limited (PRAL) has stopped the fast refunds system namely EPRS due to which the process of refunds is suspended. On the other hand, Finance Minister Ishaq Dar had announced to settle the refund claims of five million taxpayers in last week of March.
