AGL 34.90 Decreased By ▼ -0.30 (-0.85%)
AIRLINK 126.97 Increased By ▲ 3.74 (3.03%)
BOP 5.15 Increased By ▲ 0.11 (2.18%)
CNERGY 3.84 Decreased By ▼ -0.07 (-1.79%)
DCL 7.99 Decreased By ▼ -0.16 (-1.96%)
DFML 44.10 Decreased By ▼ -0.12 (-0.27%)
DGKC 74.55 Increased By ▲ 0.20 (0.27%)
FCCL 24.50 Increased By ▲ 0.03 (0.12%)
FFBL 43.90 Decreased By ▼ -4.30 (-8.92%)
FFL 8.88 Increased By ▲ 0.10 (1.14%)
HUBC 141.30 Decreased By ▼ -4.55 (-3.12%)
HUMNL 10.42 Decreased By ▼ -0.43 (-3.96%)
KEL 3.94 Decreased By ▼ -0.06 (-1.5%)
KOSM 7.83 Decreased By ▼ -0.17 (-2.13%)
MLCF 32.67 Decreased By ▼ -0.13 (-0.4%)
NBP 56.49 Decreased By ▼ -0.66 (-1.15%)
OGDC 142.20 Decreased By ▼ -3.15 (-2.17%)
PAEL 25.36 Decreased By ▼ -0.39 (-1.51%)
PIBTL 5.80 Increased By ▲ 0.04 (0.69%)
PPL 111.25 Decreased By ▼ -5.55 (-4.75%)
PRL 23.92 Decreased By ▼ -0.08 (-0.33%)
PTC 11.00 Decreased By ▼ -0.05 (-0.45%)
SEARL 58.30 Decreased By ▼ -0.11 (-0.19%)
TELE 7.49 No Change ▼ 0.00 (0%)
TOMCL 41.10 No Change ▼ 0.00 (0%)
TPLP 8.70 Increased By ▲ 0.39 (4.69%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 54.40 Decreased By ▼ -0.80 (-1.45%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 8,555 Decreased By -16.4 (-0.19%)
BR30 26,642 Decreased By -634.2 (-2.33%)
KSE100 81,594 Increased By 135 (0.17%)
KSE30 25,803 Increased By 3.5 (0.01%)

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

Comments

Comments are closed.