General

Shabbar Zaidi appointed as chairman FBR

Prime Minister Imran Khan here on Monday appointed Syed Shabbar Zaidi, a prominent economist and tax affairs expert as chairman Federal Board of Revenue (FBR).
PM Imran Khan announced the decision during an interaction with reporters and anchors in Islamabad. Syed Shabbar Zaidi is appointed head of the tax collection body days after the removal of Jahanzeb Khan from the post.
PM Imran Khan said that centre reached to the brink of bankruptcy due to the 18th Amendment and added that the provinces failed to meet the tax collection target duet to the amendment. He said, “It is not a big deal to collect Rs8 trillion tax per year in Pakistan.”
Syed Shabbar Zaidi is a chartered accountant and had served as caretaker provincial minister of Sindh in 2013. He is mainly known for his extensive contribution towards development of taxation and fiscal laws of the country. He is also a senior partner in A. F. Ferguson & Co., a member firm of PwC.
Among his non-profit work, Zaidi is a trustee of Sindh Institute of Urology & Transplantation (SIUT) and member of Boards of Governors of Liaquat National Hospital, Karachi.
He had also been the president of the Institute of Chartered Accountants of Pakistan and Chairman of the South Asian Federation of Accountants (SAFA).