AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.00 Decreased By ▼ -0.04 (-0.03%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.50 Decreased By ▼ -0.01 (-0.22%)
DCL 8.52 Decreased By ▼ -0.03 (-0.35%)
DFML 41.40 Decreased By ▼ -0.04 (-0.1%)
DGKC 86.63 Decreased By ▼ -0.22 (-0.25%)
FCCL 32.34 Increased By ▲ 0.06 (0.19%)
FFBL 64.79 Decreased By ▼ -0.01 (-0.02%)
FFL 10.23 Decreased By ▼ -0.02 (-0.2%)
HUBC 109.55 Decreased By ▼ -0.02 (-0.02%)
HUMNL 14.60 Decreased By ▼ -0.08 (-0.54%)
KEL 5.07 Increased By ▲ 0.02 (0.4%)
KOSM 7.45 Decreased By ▼ -0.01 (-0.13%)
MLCF 41.29 Decreased By ▼ -0.09 (-0.22%)
NBP 60.26 Decreased By ▼ -0.15 (-0.25%)
OGDC 189.80 Decreased By ▼ -0.30 (-0.16%)
PAEL 27.80 Decreased By ▼ -0.03 (-0.11%)
PIBTL 7.80 Decreased By ▼ -0.03 (-0.38%)
PPL 149.74 Decreased By ▼ -0.32 (-0.21%)
PRL 26.67 Decreased By ▼ -0.21 (-0.78%)
PTC 15.97 Decreased By ▼ -0.10 (-0.62%)
SEARL 86.02 Increased By ▲ 0.02 (0.02%)
TELE 7.68 Decreased By ▼ -0.03 (-0.39%)
TOMCL 35.45 Increased By ▲ 0.04 (0.11%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.38 Decreased By ▼ -0.03 (-0.18%)
TRG 53.12 Decreased By ▼ -0.17 (-0.32%)
UNITY 26.14 Decreased By ▼ -0.02 (-0.08%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
BR100 9,983 Increased By 99.6 (1.01%)
BR30 31,127 Increased By 526.8 (1.72%)
KSE100 94,076 Increased By 720.5 (0.77%)
KSE30 29,146 Increased By 215.1 (0.74%)

Special Committee of the National Assembly's Public Accounts Committee (PAC) on Thursday sought proposals from the Federal Board of Revenue (FBR) to bring improvement in the efficiency of tax department and also help improve tax receipts.
Chairing the committee meeting, Zahid Hamid observed that no disciplinary action was taken at supervisory level having more chances of involvement in backing the tax evaders. The chairman also directed strict action against all the officers who have been backing the tax evaders.
Senior Member FBR, Mahmood Alam contesting the argument said it is incorrect to say that no high ranking officer had been taken to task on charges of corruption. Whosoever found backing the tax evaders was not spared, he added. The committee also had reservations on non-compliance of the directives of the PAC in certain audit objections. In a particular case, the chairman said that the FBR did not conclude an inquiry in 10 years but eventually it ended with the death of accused official.
Member Enforcement FBR informed the committee that a Grade 21 officer had been working to reply the audit objections in time. Reviewing the audit paras of the Ministry of Information and Broadcasting, DG Pakistan Broadcasting Corporation (PBC) Murtaza Solangi said the overall deficit of the corporation has reached Rs 600 million and is mounting. He lamented that a significant portion of annual allocation has been spent on salaries of employees and pensioners. He said that the retired officers are more than the working employees.
Pakistan Television MD Yousuf Baig Mirza informed the committee that the performance of PTV has been improving which can be judged from the fact that it earned Rs 100 million profit during the current year. However, the government news agency has been facing a deficit of Rs 4.1 million.

Copyright Business Recorder, 2011

Comments

Comments are closed.