Monday , September 28 2020
Breaking News
Home / Islamabad / FBR chairman directs Chief Commissioners to maximise revenue collection
FBR chairman directs Chief Commissioners to maximise revenue collection

FBR chairman directs Chief Commissioners to maximise revenue collection

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Mohammad Jehanzeb Khan has directed Chief Commissioners to maximise revenue collection during December 2018 to reduce the revenue shortfall accumulated during the first five months of 2018-19.

The two-day Chief Commissioner’s Conference continued at the FBR House here on Wednesday. Through video links, tax authorities communicated with the Chief Commissioners of LTUs/RTOs.

Through video conference, tax authorities have directed the Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) that the assigned monthly target for December 2018 must be achieved at any cost. During July-November 2018-19, the FBR has suffered shortfall of over Rs 100 billion. The FBR reviewed progress of enforcement action and recovery under various heads made by the field formations.

The tax machinery is facing an uphill task to meet the ambitious revenue collection target of Rs 1,115 billion in the second quarter (October-December) of 2018-19.

The government had downward revised revenue collection target of the FBR from Rs 4,435 billion to Rs 4,390 billion for 2018-19.