ISLAMABAD: Shabbar Zaidi on Friday has taken charge as new chairman of Federal Board of Revenue (FBR).
Shabbar Zaidi expressed that he will try to bring those persons in tax net that are currently giving zero tax to government. He said taxpayers will not be given trouble.
Zaidi said FBR staff is hardworking, adding that he will try to move with same staff.
FBR chairman said that delivery speed has to be fast and new reforms have to be introduced in the department. He said there was need to make a database for those transactions which have no records available.
He said in current system outer transactions cannot come into the system adding that automatic tax system need to be introduced through automation of economic transactions.
Syed Shabbar Zaidi is a Pakistani chartered accountant and former caretaker Provincial Minister of Sindh, who served in 2013 caretaker ministry. He is also a senior partner in A. F. Ferguson & Co., a member firm of PwC.
He is mainly known for his extensive contribution towards development of taxation and fiscal laws of the country.
Syed Shabbar Zaidi has also authored many books, including Panama Leaks – A Blessing in Disguise – Offshore Assets of Pakistani Citizens, A Journey for Clarity and Pakistan: Not a Failed State.