Islamabad: Federal Minister of Finance Ishaq Dar has made it clear to Federal Board of Revenue (FBR) that revenue target of Rs 2810 billion will not be lessened at any cost for FY 2014-15.
While addressing to tax commissioner conference in FBR headquarters, he said “I am fully confident that FBR has the ability to collect revenue more than the target assigned”.
Moreover, he said that the economic policies of government were appreciated by the world adding that new petroleum policy was also successful as the recent hike in petroleum price at international market has little effect on domestic petroleum price.
Earlier in the tax commissioner conference, the strategy to achieve the revenue target for current fiscal year and enforcement and implementation of budgetary measures were also discussed in details. The meeting was attended by chief commissioners and commissioners of Federal Board of Revenue.
Furthermore, FBR chairman has directed the tax commissioners to expedite the tax collection from defaulters and to tackle the delaying tactics of defaulters while paying their due tax.
In the meeting it was decided that rules and regulations will be strictly followed in the field formations operations while field formations offices were directed to update the headquarters about their progress on regular basis
