Ministry of Finance, Revenue, Economic Affairs, Statistics and Privatization (Pakistan)
| وزارت مالیات | |
Seal of Government of Pakistan
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| Agency overview | |
|---|---|
| Formed | August 14, 1947 |
| Jurisdiction | Federal Government of Pakistan |
| Headquarters | Islamabad, ICT, Pakistan |
| Agency executives | |
| Website | Official Website |
The Ministry of Finance, Revenue, and Economic Affairs or Ministry of Finance (Urdu: وزارت مالیات, abbreviated as MoF) is a cabinet-level department of the Government of Pakistan which was formed on 15 August 1947. The ministry is primarily concerned with promoting economic growth and activities throughout Pakistan.
The executive and political head of authority at the ministry is the Minister of Finance who must be an elected member of the Parliament of Pakistan. The most recent Minister of Finance was Mohammad Ishaq Dar, who was was forced out of office on July 28, 2017 after being convicted by the Pakistani Supreme Court of corruption charges related the Panama Papers scandal.
The Finance Division (FD) is the most elite bureaucratic division under the Finance Ministry's purview. The FD comes under the supervision of the Secretary of Finance, an office held by Tariq Bajwa as of 2017.
The division's bureaucracy is divided into several wings and units as listed below:
The FD also delegates its functions to specialised sub-departments within the division, which include the following:
This division is headed by Secretary, Revenue Division; who usually is an ex officio Chairman of the Federal Board of Revenue (the supreme tax agency). This division (Federal Board of Revenue) is responsible for: (i) formulation and administration of fiscal policies, (ii) levy and collection of federal taxes and (iii) quasi-judicial function of hearing of appeals. 34878798909-
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