The
Central Board of Revenue (CBR) was created on April 01, 1924 through
enactment of the Central Board of Revenue Act, 1924. In 1944, a
full-fledged Revenue Division was created under the Ministry of Finance.
After independence, this arrangement continued up to 31st August 1960
when on the recommendations of the Administrative Re-organization
Committee, FBR was made an attached department of the Ministry of
Finance. In 1974, further changes were made to streamline the
organization and its functions. Consequently, the post of Chairman FBR
was created with the status of ex-officio Additional Secretary and
Secretary Finance was relieved of his duties as ex-officio Chairman of
the FBR.
In order to remove impediments in the exercise of administrative powers of a Secretary to the Government and effective formulation and implementation of fiscal policy measures, the status of FBR as a Revenue Division was restored under the Ministry of Finance on October 22, 1991. However, the Revenue Division was abolished in January 1995, and FBR reverted back to the pre-1991 position. The Revenue Division continues to exist since from December 01, 1998.
By the enactment of FBR Act 2007 in July 2007 the Central Board of Revenue has now become Federal Board of Revenue.
In order to remove impediments in the exercise of administrative powers of a Secretary to the Government and effective formulation and implementation of fiscal policy measures, the status of FBR as a Revenue Division was restored under the Ministry of Finance on October 22, 1991. However, the Revenue Division was abolished in January 1995, and FBR reverted back to the pre-1991 position. The Revenue Division continues to exist since from December 01, 1998.
By the enactment of FBR Act 2007 in July 2007 the Central Board of Revenue has now become Federal Board of Revenue.
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