According to a statement issued on Monday, the Federal Board of Revenue (FBR) has decided to manage and display gifts received during official meetings. The FBR’s Board in Council met on January 1, 2022, to discuss various agenda items and make some critical decisions.
For the first time in the company’s history, the council uniformly agreed to establish Toshakhana under the relevant Cabinet Division norms. The council also discussed the current rules for accepting and disposing of gifts.
Following careful consideration, it was decided to notify procedures for inventory management and display of gifts received from diplomats during official meetings and visits.
It was also decided that all FBR officers would voluntarily declare and deposit any gifts they received. The minimum threshold for gifts has been set at Rs. 10,000 for the FBR, as opposed to Rs. 30,000 for the other divisions of the Federal Government.
The only exception to these rules is for shields and gifts with an individual’s name engraved on them. It was also agreed that previously declared gifts would be disposed of in accordance with applicable rules and regulations.
In addition, the BIC approved the new nomenclature for the FATE Wing, which will now be known as the Public Relations Wing. Similarly, the training divisions of the Inland Revenue Service and Pakistan Customs, FBR, have been renamed IRS Academy and Pakistan Customs Academy, respectively.