LAHORE: Federal Board of Revenue, Chairman Asim Ahmad has directed offices of Inland Revenue (IR) to ensure recovery of tax arrears.
FBR chairman visited the Large Taxpayers Office (LTO) Lahore. During the visit, the chairman held a detailed meeting with the Chief Commissioner and Commissioners of LTO Lahore.
Asim Ahmad reiterated his resolve to achieve the budgetary target assigned to FBR and the team of LTO Lahore assured that they will make all-out efforts to attain the desired results despite import compression and challenging market conditions.
The chairman directed the field formations to recover all pending arrears and expeditiously pursue cases pending in courts.
During the meeting, revenue collection for the period of July to February 2023 was discussed at length vis a vis targets assigned.
A detailed discussion was held on challenges being faced in various sectors along with strategy to be adopted to achieve budgetary target for remaining months of the financial year.
The chairman directed the LTO team to ensure that the new budgetary measures are enforced in letter and spirit. The sugar sector was specifically discussed at length to ensure collection of due taxes in the coming months.
Asim Ahmad also discussed problems being faced by the field formations and assured to resolve them as soon as possible.
