ISLAMABAD: Tax Reforms Commission proposed to upgrade information technology being use in Federal Board of Revenue to strengthen tax collection system. This measure will led to enhancement in Tax to GDP percentage.
It is necessary to mention here that this suggestion is among one of those suggestions which were finalized by TRC with consultations with FBR. TRC says that some reforms are much needed in Pakistan Revenue Automated Limited.
Sources said that Turkey use the same method to upgrade their tax to GDP ratio prior to this tax to GDP ratio of Turkey was 8 percent but after reforms in their IT sector their tax to GDP ratio touched to 23 percent.
