Amjad Zubair Tiwana, the Chairman of the Federal Board of Revenue (FBR), has submitted a request for premature retirement, citing work pressure and criticism as the reasons for his decision. Tiwana’s tenure was set to end in six months, but he has applied for early retirement, effective August 15.
Sources close to the matter revealed that Tiwana faced intense criticism and scrutiny from various quarters, which led to his decision to retire early. The FBR chairman has written a letter to the Prime Minister’s Office, seeking approval for his premature retirement.
Prime Minister Shahbaz Sharif will make the final decision on Tiwana’s resignation request. If approved, Tiwana’s departure will mark a significant change in the country’s tax administration.
Tiwana’s tenure as FBR chairman was marked by efforts to reform the tax system and increase revenue collection. However, he faced challenges and criticism from various stakeholders, including business communities and politicians.
The development comes at a critical time for Pakistan’s economy, which is facing a balance of payments crisis and struggling to meet its tax collection targets. The government has been under pressure to increase revenue collection and implement tax reforms.
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