KARACHI: Provincial Minister for Excise and Taxation (ET) Sindh Gyan Chand Israni has said that the Excise Department is striving hard to achieve its target of tax recovery for fiscal year 2015-16.
In an exclusive interview with Customs Today, Israni further said that the department has already directed all its officers at the beginning of fiscal year for the recovery of taxes. He said that “we have made it possible to hold one or two monthly meetings with officers to get updates about the tax recovery”.
Israni has said that the department has ensured Rs 10 billion tax recovery in the first quarter while it has collected tax over Rs 3.3 billion during 25 days of October. He further told that tax revenue collection target set for current year is Rs 41 billion which is Rs 5 billion more than last year. ET Sindh had set a target of Rs 38 billion last year.
Discussing about the recovery performance of Motor Registration department of ET Sindh, he told, Motor Registration Wing has made almost 22 percent tax recovery till this date. He said it is very early to say that ET Sindh is facing shortfall of tax recovery .
Viewing performance of the first quarter tax collection which was RS 10 billion , ET Sindh is hopeful to achieve its target at the end of fiscal year.
Talking about the shortage of staff at ET Sindh, he said that he is sure that at start of 2016, Sindh government will recruit new staff to overcome the shortage of staff and make the pace of tax recovery more fast to achieve its target.
He told that ET Sindh is doing its best to provide facilities to taxpayers so that they can pay their taxes easily and without any problem.