FEBR commends govt's plan to reform FBR, Steel Mills and Railways.

ISLAMABAD -- President Friends of Business and Economic Reforms (FEBR), Kashif Anwar has welcomed the government's reforms plan of the FBR, Steel Mills and Railways, saying that transparent appointments of these institutions' chiefs are the prerequisite of their growth and development. In a statement issued here on Sunday, he said there is a need to build a structure in the country, which is in accordance with the requirements of time, as it is easy to weaken institutions but it takes a long time to rebuild them. Whatever appointments government makes to the heads of the institutions should be based on transparency and merit, he said. Kashif Anwar said that at present the government is funding

all existing institutions in the country and the restructuring will improve these institutions. He said that among those institutions the FBR acts as the backbone of our economy and its automation and integration of the data would ultimately broaden the tax base and the government would be in a position to reduce rates of taxes and lessen burden on the existing taxpayers. FEBR President said that making the...