Introduction: Prime Minister’s Approval for Reward Scheme
Prime Minister Shehbaz Sharif has officially approved a new initiative aimed at rewarding officers of the Federal Board of Revenue (FBR). This initiative is part of the government’s broader efforts to recognize and incentivize the valuable contributions made by FBR officers in their roles.
Budget Allocation:
To support the reward scheme, a substantial budget of Rs 30 billion has been allocated.
Targeted Officers:
The scheme is specifically designed to provide cash prizes to deserving officers within the Income Tax and Customs divisions of the FBR.
Purpose of the Scheme:
- Recognition & Incentives: The initiative aims to acknowledge and reward the efforts of FBR officers.
- Enhanced Motivation: Furthermore, it seeks to boost motivation and performance across the board, which will contribute to the improvement of the tax collection system.
Scheme Details: Cash Prizes for 1,800 FBR Officers
This newly approved cash prize scheme will target 1,800 officers from the Income Tax and Customs divisions. The goals of this program include:
- Incentivizing Officers: Motivating officers to maintain high standards of performance.
- Boosting Dedication: Additionally, encouraging officers to remain dedicated to improving the nation’s tax system.
FBR’s Online Valuation System for Officer Ranking
Purpose of the System:
The newly developed online valuation system will assess and rank the performance of officers in both Income Tax and Customs divisions.
Expected Benefits:
- Transparency: The system will ensure clear and fair evaluations of officers’ performance.
- Efficiency: Moreover, it will streamline the assessment process, ensuring more accurate and prompt results.
Peer Rating System: How It Works
Pilot Phase on January 21:
FBR will conduct a test run of the new performance evaluation system starting on January 21.
Peer Rating Process:
- During the pilot phase, officers will assess and rank their colleagues based on work performance.
- Evaluations will be conducted across all levels, including seniors, peers, and juniors.
- These evaluations will ultimately contribute to the final performance rankings.
Ranking Categories: Grouping Officers Based on Performance
The ranking system categorizes FBR officers into five distinct groups based on their performance:
| Rank | Category | Percentage of Officers |
|---|---|---|
| Top Rank | A | 20% |
| B | 20% | |
| C | 20% | |
| D | 20% | |
| E | 20% |
This ensures a fair distribution of officers into categories based on their performance.
Rewards for Top Performers: Financial Incentives for Category A
Officers ranked in Category A (top tier) will receive a cash incentive equivalent to five times their basic salary. This reward is specifically designed to recognize exceptional performance and motivate other officers to strive for excellence.
Conclusion: Fostering a Competitive and Efficient Tax System
The Rs 30 billion allocation for the cash prize scheme, along with the new ranking and reward system, marks a significant step toward improving the efficiency and motivation of FBR officers. This initiative is expected to:
- Create a Competitive Culture: By fostering a performance-driven atmosphere within the FBR.
- Enhance Tax Collection: Furthermore, it will contribute to the improvement of Pakistan’s tax collection system, ultimately benefiting the country’s economy.
