Prime Minister Shehbaz Sharif has directed authorities to take strict action against tax defaulters and ensure they are brought into the tax system. His remarks came during a key meeting on Saturday, focused on enhancing revenue collection strategies.
During the meeting, officials briefed the Prime Minister on the progress of installing video analytics in the sugar industry, a step aimed at improving revenue collection and stabilizing prices. PM Shehbaz emphasized the government’s priority of leveraging technology to boost the Federal Board of Revenue’s (FBR) efficiency.
He highlighted that video analytics would not only enhance revenue collection but also curb hoarding and stabilize sugar prices. “Ensuring affordable sugar prices for the public remains our top priority,” he stated, stressing the importance of regularly monitoring sugar stocks to maintain a stable supply chain.
The Prime Minister also called for firm measures against tax evasion and under-reporting by sugar mills. He noted that the ongoing digitization initiatives at the FBR would deliver substantial financial benefits to the national treasury.
Additionally, PM Shehbaz urged the swift digitization of the FBR’s value chain and accelerated implementation of video analytics in the cement and tobacco industries.
The meeting was attended by senior officials, including Federal Ministers Ahad Khan Cheema, Attaullah Tarar, and Minister of State for Finance Ali Pervaiz Malik.