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It is essential to promote new tax culture in order to enhance provincial revenue, and also ratio of various taxes should be made market-based so that maximum resources could be collected and used for the welfare of the public. Punjab Finance Minister, Tanvir Ashraf Kaira expressed these views while addressing a meeting of Resource Generation Committee here on Friday.
The Minister said a tax policy unit would be set-up in Board of Revenue so that maximum facilities could be provided to tax-payees. "Tax collection system should be more effective and simple so that maximum people could be accommodated," he added.
He directed that Excise and Taxation Department and Board of Revenue to work hard to achieve the revenue targets and it is very essential to adjust the current ratio of various taxes according to market base. He also directed the E&T department to launch a drive for collecting token tax and also seek co-operation from traffic police in this regard.

Copyright Business Recorder, 2009

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