ISLAMABAD: The Federal Board of Revenue (FBR) has faced revenue shortfall due to continuously transfer of top management.
An FBR report for fiscal year 2012- 13 noticed that the top management of the FBR was continuously transferred due to which the working of the FBR remained slow. And that was the reason that in FY 2012-13, Rs 1946 billion of tax was collected which showed 3.4 percent increase as compared to the tax collection of FY 2011-12.
Sources also added that according to the FBR report, monitoring of tax collection was also ineffective by the field formations which was also a reason of low revenue collection for the said year. Sources added that the low rate of tax collection also affected the rate of tax to GDP.
