What is federal board of revenue of pakistan?

The Federal Board of Revenue (FBR) of Pakistan is the primary federal agency responsible for administering and enforcing tax laws and collecting revenue for the Government of Pakistan. Its core functions include:

• Tax Collection: Collecting direct taxes like Income Tax and indirect taxes such as Sales Tax, Federal Excise Duty and Customs Duty.
• Policy Formulation: Contributing to the formulation of fiscal policies and tax laws.
• Tax Administration: Implementing tax laws, conducting audits, and ensuring taxpayer compliance.
• Anti-Smuggling: Preventing smuggling and combating tax evasion.
• Facilitation: Providing taxpayer facilitation services, including online portals and information resources.
• International Cooperation: Collaborating with international organizations and other tax authorities on matters related to taxation and exchange of information.
• Human Resource Management: Managing its own workforce and providing training to its employees.