FBR recommends federal budget

ISLAMABAD: The caretaker setup has been recommended by the Federal Board of Revenue (FBR) to announce the federal budget for 2013-2014 under a presidential ordinance on time.

According to an FBR source,  the ordinance will have to be then approved within three months by the parliament.

The main reason behind introducing the ordinance is to announce federal budget on time, source said.

The FBR source added that a draft of the ordinance has been sent to the law ministry for approval.