No bank account freezing without informing taxpayer: FBR chairman

ISLAMABAD: Shabbar Zaidi, the newly appointed chairman of Federal Board of Revenue (FBR), has issued instructions to field formation that bank account will not be frozen without prior information to taxpayers.

A directive issued on Friday by the chairman stating: “no bank account attachment unless the taxpayer’s CEO/principal officer/owner is informed at least 24 hours prior to attachment and the chairman FBR’s approval is obtained.”

Shabbar Zaidi also addressed the officers of FBR soon after taking charge as Chairman on Friday.

The Chairman FBR shared his vision to revamp the tax system and tax machinery and discussed broader problem areas affecting the institution.

The FBR Chairman stressed on the need to shift from manual to complete automated system to facilitate the taxpayers.

Zaidi also emphasized the need to document all the economic transactions which could be great source of revenue generation for the country.

He took the FBR officers into confidence and assured that the issues being confronted by the FBR employees would be addressed under his leadership.

He sought the support of all the officers to work as a team for the betterment of the institution and country.

He thanked the Prime Minister for reposing trust in him and pledged to bring improvement in the working and performance of FBR as per expectations of the Prime Minister.

The FBR officers asked questions which were answered by the new Chairman in a very candid manner. The chairman hoped to have regular interactions with the FBR officers in future.

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