Automated production monitoring systems: PM sets Dec 31st deadline
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday set December 31 as the deadline for rolling out automated production monitoring systems across manufacturing sectors to plug tax leaks and ensure businesses pay their due share. Chairing a review meeting on Federal Board of Revenue (FBR) reforms, the prime minister called for obstacles to the installation of camera-based monitoring systems to be…
Prime Minister Shehbaz Sharif has set December 31 as the deadline for implementing automated production monitoring systems across various manufacturing sectors in Pakistan to curb tax evasion and ensure businesses pay their fair share of taxes. The government has already installed these systems in sectors like sugar, cement, tobacco, tiles, and fertilizers, and is currently working on installing them in textiles, packaged water, juice, milk, steel, poultry, tyre, tea, household electronics, leather, paper and board, and edible oil and ghee industries.
The monitoring systems are expected to become fully operational by the end of the year. The prime minister commended businesses that have voluntarily installed monitoring systems, particularly in the textile sector, and directed the Ministry of Information Technology to audit the system's effectiveness in other industries.
Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
