Finance Minister Highlights FBR Reforms, Digital Tax System and Cashless Economy Drive
Pakistan's Finance Minister Muhammad Aurangzeb announced a push to modernize the Federal Board of Revenue through digital transformation and artificial intelligence. The initiative aims to expand the tax base, improve institutional transparency, and transition the country toward a cashless economy.
Why it matters
Modernizing tax administration is critical for Pakistan's economic stability and its ability to manage national debt and fiscal policy effectively.
LAHORE: Federal Finance Minister Muhammad Aurangzeb has said the government is accelerating reforms aimed at modernising the Federal Board of Revenue (FBR), expanding the tax base and promoting a cashless economy to strengthen Pakistan’s financial system.
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