Dar urges FBR to meet tax collection targets

ISLAMABAD: Finance Minister Ishaq Dar has urged the Federal Board of Revenue to take all necessary measures to meet the tax collection target for the current fiscal year.

The finance minister, chairing a meeting on Sunday on matter related to the FBR, said that the prudent policies of the government and the efforts of FBR had resulted in 60 percent growth in tax revenue collection between FY 2012-2013 and FY 2015-2016.

Chairman FBR updated the Finance Minister on the latest status of tax collection during FY 2016-17 and said that all efforts are being made to attain the collection target for the current fiscal year.

He said that a comprehensive strategy is being finalised for tax collection in FY 2017-18 which would be presented to the Finance Minister in due course.

Dar assured his full support to FBR to achieve the revenue targets for the current fiscal year. He appreciated the contributions of FBR officials in preparation of the budget for FY 2017-18, which has recently been passed by parliament.

He expressed the confidence that the measures announced in the budget will enhance the welfare and prosperity of the general public, and enable Pakistan to achieve higher, sustainable and inclusive economic growth.

Special Assistant to Prime Minister on Revenue, Mr. Haroon Akhtar Khan, Finance Secretary, Secretary EAD, Chairman FBR, and senior officials of the Ministry of Finance and FBR also attended the meeting.