Development

Gwadar’s Economic Rise Calls for Dedicated FBR Office, Say Tax Experts

Islamabad – The Pakistan Tax Bar Association (PTBA) is calling on the Federal Board of Revenue (FBR) to establish a fully functional tax office in Gwadar, citing the city’s growing economic importance and the urgent need for efficient tax administration.

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In a recent meeting with the FBR Chairman, the PTBA, represented by leading sales tax expert Fazal Faraz, emphasized that Gwadar’s rapid development and strategic role in the China-Pakistan Economic Corridor (CPEC) demand a dedicated FBR presence. The association argued that the existing FBR facilitation center in the city is insufficient to support the increasing number of businesses, traders, and investors in the region.

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As Gwadar’s trade volume continues to rise, PTBA believes that a fully operational Regional Tax Office (RTO) is critical for streamlining tax collection, improving compliance, and reducing revenue leakage. The proposed RTO would provide businesses with direct access to tax services, allowing for more effective tax management in one of the country’s most economically vital regions.

The association also highlighted the challenges faced by taxpayers in Gwadar and neighboring cities like Turbat, where individuals often travel long distances to attend tax hearings. To alleviate this burden, the PTBA suggested that the FBR introduce a video link facility for hearings or consider rotating officers from the regional office in Hub to ensure smoother operations.

The PTBA expressed confidence that the FBR would act swiftly to address the taxation issues in Gwadar, supporting the government’s broader goal of enhancing economic growth and attracting investment in the region.

Zukhruf Hussain

As an SEO Content Writer and Editor, Zukhruf Hussain deeply appreciates the impact of words and narrative building. Her passion for crafting meaningful literature has led her to explore various writing styles and niches, making her a well-versed word wizard. Outside the sphere of language, she finds joy in expressing herself through the strokes of a paintbrush.

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