Copyright brecorder
ISLAMABAD: The Federal Board of Revenue (FBR) will pay an amount of Rs 500,000 as one-time remuneration to the chairman of the Alternative Dispute Resolution Committee in cases where the amount of tax liability exceeds Rs 50 million. On Thursday, the FBR issued SRO 2076(I)/2025 to amend the Income Tax Rules, 2002. Moreover, the Chairman of the Alternative Dispute Resolution Committee would get Rs 300,000 if the amount of tax liability is up to Rs 50 million. Revamping mode of ADRC appointments: FBR seeks input from stakeholders According to the FBR’s amended rules, members of the committee appointed under clauses (i) and (iii) of Sub-section (3) of Section 134A of the Income Tax Ordinance shall, after the decision by the committee under sub-rule (8), be paid a lump sum one-time remuneration as under: (i); Rs 300,000 and Rs 150,000 for the chairperson and member of the committee, respectively, except the chief commissioner, Inland Revenue, if the amount of tax liability is up to Rs 50 million. (ii)Rs 500,000 and Rs 250,000 for the chairperson and member of the committee, respectively, except the chief commissioner, Inland Revenue, if the amount of tax liability exceeds Rs 50 million. (iii); chairperson or a member of the committee may be allowed TA/DA equal to the entitlement of BPS-22 and BPS-21 officers of the federal government, respectively. Copyright Business Recorder, 2025
