FBR forms committees to remove anomalies in Finance Bill

FBR forms committees to remove anomalies in Finance Bill

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday formed committees to identify and remove technical and legal anomalies in the Finance Bill, 2021.

The FBR formed following committees:

Sultan Ali Allana, Chairman, HBL has been appointed as chairman of the business anomaly committee. Ch. Muhammad Tarique, Member (IR- Policy), FBR is co-chairman of the committee. The other members of the committee are included:

01. Ehsan A Malik, CEO, Pakistan Business Council

02. M. Shariq Vohra, President, Karachi Chamber of Commerce and Industry

03. Irfan Siddiqui, President, Overseas Investors Chamber of Commerce and Industry

04. Sherbaz Ilyas Ghazanfar Bilour, President, Sarhad Chamber

05. Abdul Samad, President, Quetta Chamber

06. Mian Naseer Hayat Maggo, President, Federation of Pakistan Chambers of Commerce and Industry

07. Mian Tariq Misbah, President, Lahore Chamber of Commerce and Industry

08. Adil Bashir, Chairman, All Pakistan Textile Mills Association

09. Asif Peer, President, American Business Council

10. Asad Shah, Director (External Affairs), PTC

11. Amir Waheed, ex-President of Islamabad Chamber

Naeem Akhtar Sheikh, UHY Hassan Naeem & Co. has been appointed as chairman of the anomaly technical committee constituted by the FBR. The co-chairman of the committee are: Ch. Muhammad Tarique, Member (IR-Policy), FBR; and Syed Hamid Ali, Member (Customs –Policy), FBR,

The other members of the committee are:

01. Ashfaq Tola, FCA, FCMA

02. Abdul Qadir Memon, Patron Pakistan Tax Bar, Karachi

03. Syed Yawar Ali, Chairman, Pakistan Business Council, Karachi

04. Shahzad Hussain, Ex- Partner, A F Ferguson & Co.

05. Khurram Mukhtar, Patron-in-Chief, PTEA

06. Ms. Sadia Nazeer, FCA, Partner KPMGA

07. Hafiz Muhammad Idrees, Advocate, Supreme Court, Ex-President, Tax Bar

08. Habib Fakhruddin, CA

09. Abdul Wahab Kodvai

The committees have been given tasks to review the anomalies identified and to advise FBR on removal of anomalies.

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