Advertisement
Categories: BusinessNewsPakistan

Dissent with PM’s Office: FBR Chairman Seeks Early Retirement

Advertisement

Federal Board of Revenue (FBR) Chairman Malik Amjad Zubair Tiwana has requested early retirement, citing irreconcilable differences with the Prime Minister’s Office, according to a report by The Express Tribune. Tiwana has opted for retirement effective August 15th, six months before his scheduled superannuation.

Confirming the news, Tiwana revealed that he had been considering premature retirement due to consistent pressure and interference from the Prime Minister’s Office. He initially postponed the decision to focus on the budget and negotiations with the International Monetary Fund (IMF).

Sources disclosed that Tiwana’s decision was cemented following a contentious meeting last Friday, where the prime minister expressed displeasure over various issues, including FBR’s handling of tax affairs, the construction of FBR office buildings through public-private partnerships, and reform initiatives. The Prime Minister’s Office reportedly felt that Tiwana was not fully transparent, leading to delays in decision-making.

During the meeting, the prime minister hinted at the possibility of appointing a new leader to spearhead reforms in the FBR. In response, Tiwana submitted his retirement request to the Prime Minister’s Office and the finance minister on Monday evening.

Finance Minister Muhammad Aurangzeb responded cautiously, stating, “We will always respect requests coming from all quarters in terms of early retirements. These need to be properly discussed ahead of final decisions.

Advertisement
News Desk

Recent Posts

Pak-Qatar General Takaful IPO Oversubscribed 21x Times

Pak-Qatar General Takaful Limited’s (PQGTL) IPO book-building has concluded with an historic oversubscription of 21x…

4 hours ago

Mobilink Bank Achieves ISO/IEC 27001 Certification for Stronger Data Security

Mobilink Bank achieves ISO/IEC 27001:2022 certification for its robust Information Security System. Pakistan’s leading digital…

6 hours ago

Google Gemini Shifts Focus to Personalized AI Assistance

Gemini learns your world, not just the web. Google is moving its artificial intelligence strategy…

1 day ago

Competition Appellate Tribunal Upholds Rs 200 Mn Fine in Banking Cartel Case

Pakistan’s Competition Appellate Tribunal has rejected appeals filed by major commercial banks and the Pakistan…

1 day ago

Pak-Qatar General Takaful IPO’s Book Building Starts Today!

Pak-Qatar General Takaful Limited’s IPO’s book building process will start today and continue until January…

2 days ago

Gul Plaza Fire Sparks Heated Debate in NA Over Governance and Emergency Failures

The deadly fire at Karachi’s Gul Plaza dominated proceedings in the National Assembly on Tuesday,…

2 days ago