In a step to fulfill another condition set by the International Monetary Fund (IMF), the government has decided to operationalise the newly established Tax Policy Office by appointing a Director General and five Directors. The Ministry of Finance has invited applications from eligible candidates for these positions.
According to official details, the Director General will be appointed under the Special Professional Pay Scale-I and will oversee key areas including Economic Analysis, Business Taxation, Personal Taxation, and International Taxation. Meanwhile, Directors will be appointed under Special Professional Pay Scale-II.
The Ministry of Finance has announced that applications can be submitted through the National Job Portal until April 6.
The notification for the establishment of the Tax Policy Office was issued last month as part of the government’s broader reform initiative to separate tax policy formulation from tax collection. The Federal Board of Revenue (FBR) will now be restricted to collection-related functions only.
As per the ministry, the Tax Policy Office will report directly to Finance Minister Muhammad Aurangzeb. It has been established to support the government’s reform agenda, focusing on the analysis of tax policies and proposals through data modelling, revenue forecasting, and economic forecasting.
It is worth noting that Pakistan had assured the IMF of maintaining independence in both tax policy formulation and tax collection.
The Tax Policy Office will prepare reports on income tax, sales tax, and federal excise duty (FED) policies for the finance minister. Additionally, the office will work on identifying and addressing loopholes to reduce tax fraud and improve enforcement.