STAR BUSINESS REPORT

The BCS Taxation Association has called to immediately rescind the draft ordinance that proposes dissolving the National Board of Revenue (NBR) and replacing it with two separate entities -- the Revenue Policy Division and the Revenue Management Division.

Under the draft “State Policy and Revenue Management Ordinance, 2025”, both the NBR and the Internal Resources Division will be abolished.

Describing the ordinance as inconsistent, the association argued that it fails to address the legal challenges and administrative complexities that would emerge in revenue management after the dissolution of the NBR.

“The draft is a ‘hastily prepared’ document which lacks proper stakeholder engagement,” the association said in a statement, circulated yesterday following a special general meeting on Saturday.