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Govt meets another IMF condition as FBR issues draft rules for civil servants’ asset disclosure

The revised framework proposes mandatory asset declarations for Grade 17-22 officers to enhance transparency and governance
Published 08 Oct, 2025 07:37pm

Pakistan has fulfilled another major condition set by the International Monetary Fund (IMF) as the Federal Board of Revenue (FBR) issued draft amendments to the rules governing asset declarations of civil servants.

According to FBR officials, the proposed changes aim to improve transparency and administrative clarity by replacing the term “civil servants” with “public servants.”

The new definition will cover officers from Grade 17 and above, including those serving in federal and provincial governments, autonomous bodies, and corporations.

However, individuals exempted under the National Accountability Bureau (NAB) Ordinance 1999 will not fall under this category.

The draft proposes that officers from Grades 17 to 22 be required to disclose their assets to the FBR. The amendments have been framed under Section 237 of the Income Tax Ordinance 2001.

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The FBR has invited feedback and suggestions on the draft within seven days, warning that comments received after the deadline will not be considered.

Officials said the revisions are designed to strengthen the asset declaration and information exchange mechanism, ensuring greater transparency in governance.

FBR

IMF

International Monetary Fund

Federal Board of Revenue

civil servants

assets disclosure