ISLAMABAD: FBR Chairman emphasized Members of FBR to expedite the efforts to achieve the revenue target for FY2014-15.
As per details, FBR Chairman Tariq Bajwa presided an important meeting on budget/revenue reforms and their execution plans to achieve the revenue target for FY 2014-15. The Meeting was held at Federal Board of Revenue (FBR) head quarter here the other day.
In the meeting Member Inland Revenue Policy Shahid Asad, Member Legal Ahmad Dildar, Member Inland Revenue Muhamad Ashraf along with others presented proposals for better revenue collection.
Moreover, Member Legal Ahmad Dildar briefed the participants on pending revenue cases in courts, whereas, Member Inland Revenue Policy and operations Muhamad Ashraf presented suggestions regarding Budget and revenue reforms.
Later, FBR Chairman instructed the FBR Members to resolve the legal disputes with traders and to enhance mutual coordination with traders to avoid legal trials. He also stressed to lessen the number of pending cases in courts.
Furthermore, suggestions from different members to ensure better revenue collection were also discussed. FBR Members agreed to devise a new administrative policy for revenue collections. It was believed in the meeting that collaborative efforts with business community needed, to avoid misunderstandings and to achieve the revenue target.
