Federal Minister for Finance, Senator Ishaq Dar, chaired a session of Chief Commissioners Conference at Federal Board of Revenue on Saturday to review revenue collection performance of July, 2017. The minister was briefed that Federal Board of Revenue (FBR) has surpassed the budget target assigned for the month of July, 2017, says a press release. The minister commended the performance of FBR on achieving the revenue target of July, 2017, and hoped that the same trend would continue in the coming months and the FBR would keep up this performance in the same spirit during the current fiscal year.
The minister appreciated the decision of assigning monthly, quarterly and annual targets beforehand. He said that this would help in better planning by the field formations for achieving revenue targets and would also be the basis for reward and recognition for those who perform. The minister emphasized the need for increasing dependence on direct taxes and broadening of tax base. Facilitation of taxpayers should be given top priority to improve tax culture and enhance the confidence and trust of taxpayers, he said.-PR