Economics

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Date Submitted: 11/16/2012 11:56 PM

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TERM REPORT

“PERFORMANCE OF FBR IN TAX COLLECTION”

GROUP MEMBERS:

• SYED ZOHAIR HASHMI

• M.YASIR KHAN

• HUMAYUN TAHIR

CLASS:

BBA-2A (M)

COURSE:

MACROECONOMICS

INSTRUCTOR:

Ms. SADAF ALAM

TABLE OF CONTENTS

|S.no |Title |Page Number |

|1 |Company Profile |3-5 |

|2 |Literature Review |6-8 |

|3 |Data Analysis |9-12 |

|4 |Conclusion |13 |

|5 |Recommendations |13 |

Company Profile:

HISTORY

The Central Board of Revenue (CBR) was created on April 01, 1924 through enactment of the Central Board of Revenue Act, 1924. In 1944, a full-fledged Revenue Division was created under the Ministry of Finance. After independence, this arrangement continued up to 31st August 1960 when on the recommendations of the Administrative Re-organization Committee, CBR was made an attached department of the Ministry of Finance. In 1974, further changes were made to streamline the organization and its functions. Consequently, the post of Chairman CBR was created with the status of ex-officio Additional Secretary and Secretary Finance was relieved of his duties as ex-officio Chairman of the CBR.

In order to remove impediments in the exercise of administrative powers of a Secretary to the Government and effective formulation and implementation of fiscal policy...