Govt abolishes NBR at midnight

The National Board of Revenue (NBR) no longer exists. An ordinance abolishing it was issued on Monday midnight with strict secrecy. Two new divisions have been created to look after the country's revenue matters.

The two divisions are named Revenue Policy and Revenue Management.

The interim government has issued the much-discussed 'Revenue Policy and Revenue Management Ordinance', ignoring the opinions of BCS Income Tax and Customs cadre officers.

The ordinance issued on Monday (May 12) night has made minor changes only in the scope of work of the Revenue Policy Department.

The administrative posts of the Revenue Management Department have been kept by the administration cadre officers as well as the income tax and customs cadre officers.

The ordinance states that the Revenue Policy Division will monitor the implementation of tax laws and the tax collection situation. 

The Revenue Management Division will do the main work of revenue collection.