Published On: Mon, Jun 19th, 2017

Dar urges FBR to meet tax collection target

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ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar Sunday urged the Federal Board of Revenue (FBR) to take all necessary measures to meet the tax collection target for the current fiscal year (2016-17).

Chairing a meeting here at the Ministry of Finance on matters related to the FBR, the minister said that the prudent policies of the present government and the efforts of the Board had resulted in 60% growth in tax revenue collection between FY 2012-2013 and FY 2015-2016.

He assured his full support to the FBR for achieving the revenue targets for FY 2017-18, according to a Finance Ministry press statement.

Dar appreciated the contributions of FBR officials in the preparation of the budget for FY 2017-18, which had recently been passed by the Parliament.

He expressed the confidence that the measures announced in the budget for FY 2017-18 would enhance the welfare and prosperity of the general public, and enable Pakistan to achieve higher, sustainable and inclusive economic growth.

Earlier, the FBR chairman updated the minister on the latest status of tax collection during FY 2016-17.

He said all efforts were being made to attain the collection target for the current fiscal year while a comprehensive strategy was being finalized for tax collection in FY 2017-18, which would be presented to the finance minister in due course.

Among others, the meeting was attended by Special Assistant to the Prime Minister on Revenue Haroon Akhtar Khan, Finance Secretary, Secretary Economic Affairs Division, FBR chairman and senior officials of the Ministry of Finance and FBR.

 

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