Chairman Federal Board of Revenue (FBR) Mohammad Jehanzeb Khan has directed chief commissioners of Large Taxpayer Units (LTUs) of Karachi to maximise revenue collection during January 2019 to reduce the revenue shortfall of over Rs 170 billion during the first six months of 2018-19.
The Chief Commissioner's Conference was started here at the FBR House on Tuesday. Through video links, tax authorities communicated with the Chief Commissioners of LTU-I and LTU-II of Karachi.
FBR Members Inland Revenue Policy and FBR Member Inland Revenue Operations also participated in the video conferencing with the Chief Commissioners of Karachi.
Tax authorities further directed the Chief Commissioners of Large Taxpayer Units (LTUs) of Karachi to expedite cases at the level of judicial fora and intensified recovery drive against defaulters/short-filers.
The FBR has further directed the Chief Commissioners to focus on key revenue generating sectors falling within the jurisdiction of LTU-I and LTU-II Karachi.
Tax authorities would daily communicate with other Chief Commissioners of LTUs and RTOs in a phase wise manner.
Through video conference, tax authorities have directed the Chief Commissioners that the assigned monthly target for January 2019 must be achieved at any cost. During July-December 2018-19, the FBR has suffered shortfall of over Rs 170 billion. The FBR reviewed progress of enforcement action and recovery under various heads made by the field formations.
The government had downward revised revenue collection target of the FBR from Rs 4,435 billion to Rs 4,390 billion for 2018-19.