- November 1, 2023
- Posted by: Muhammad Afzaal
- Category: RBS News
Federal Board of Revenue (FBR) has initiated proactive actions to revamp Pakistan Revenue Automation Limited (PRAL) by assembling dedicated teams consisting of experienced tax officials, as news reported on October 29.
As per the information provided, the FBR has released an official notification outlining the establishment of two sub-groups with a specific focus on the ‘Restructuring and Revitalization of PRAL.’. The primary objective of the first sub-group is to conduct a comprehensive assessment of PRAL’s existing workforce.
This evaluation encompasses an in-depth analysis of the current workforce structure, including skill sets, job roles, and responsibilities. The sub-group will identify areas where adjustments in workforce size are necessary and provide recommendations accordingly. Additionally, it will identify any issues related to overstaffing or understaffing and align the workforce with PRAL’s strategic objectives.
The second sub-group has assigned the task of scrutinizing PRAL’s financial aspects, including revenue and expenditure. This assessment aims to align financial allocations with the company’s strategic goals and ensure fiscal stability. The sub-group will identify expenditures that do not align with PRAL’s designated functions and assess the suitability of the current compensation structure in relation to employees’ roles and responsibilities.
Both sub-groups also tasked with proposing amendments to the Service Level Agreement (SLA) for the current fiscal year. This resolves outstanding payments under the previous year’s SLA between PRAL and FBR. Moreover, these recommendations, which cover all facets of PRAL’s restructuring, anticipated to submitted to the office of the Chairman FBR within 15 days from the issuance of this notification. This represents a significant stride towards improving the efficiency and financial well-being of PRAL.