Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has directed Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) to maximise revenue collection during August 2019 to achieve the assigned target for the first quarter (July-September) 2019-20. The Chief Commissioner''s Conference was held at the FBR House here on Friday. Through video links, tax authorities communicated with the Chief Commissioners of LTUs/RTOs.
The FBR had provisionally collected Rs 277 billion during first month of current fiscal year, ie, July 2019 against the target of Rs 291 billion, reflecting a shortfall of Rs 14 billion. Tax authorities have provisionally collected Rs 277 billion in July 2019 against Rs 255 billion during July 2018, reflecting an increase of Rs 22 billion year-on-year.
Through video conference, tax authorities have directed the Chief Commissioners that the assigned monthly target for August 2019 must be achieved at any cost. The FBR reviewed progress of enforcement action and recovery under various heads made by the field formations. The FBR also reviewed impact of the budgetary measures taken in budget (2019-20), temporary suspension of the CNIC condition till September 30 and issuance of notices to the non-filers of income tax returns. Sources said that the FBR will definitely issues notices to all those persons who are required to file returns under the relevant provisions of the Income Tax Ordinance 2001. The FBR has already compiled data of millions of individuals having houses/flats/apartments or vehicles (above 1,000 cc) The data will be used for issuance of notices in a phasewise manner. The notices will be firstly served in posh areas in big cities followed by medium and small cities. Moreover, the notices would be served to rich people in the first phase and then to middle class in the second phase based on FBR database and profiles available with the NADRA.
Comments
Comments are closed.