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FBR

Chairman FBR to presides 2nd chief commissioners conference

ISLAMABAD: Chairman Federal Board of Revenue Tariq Mehmood Pasha will preside over the 2nd chief commissioners conference today.

This will be 2nd chief commissioner conference and will be held under the chairman Federal Board of Revenue Tariq Pasha. Special Advisor to Prime Minister for Revenue Haroon Akhtar will also preside the 2nd session while Finance Minister Muhammad Ishaq Dar will likely to join the conference.

According to FBR sources, chief commissioner conference will review performance of the of first quarter of the current financial year of Large Taxpayers Unit, Corporate Tax Units and Regional Tax Units will be reviewed.

Member Operation Inland Revenue  Khawaja Tanveer Ahmed, Member Policy Inland Dr. Muhammad Iqbal and Member Taxpayers Audit Rehmat ullah Khan Wazir, Director General Enforcement Dr. Bashir Ullah will also attend the meeting.

Despite the 20 percent increase in revenue collection during the first quarter of current financial year as compare to same corresponding period of last financial year, finance minister, SA to prime minister and chairman FBR are not satisfied because the Inland Revenue service has failed to meet the revenue target of first quarter while customs service has surpassed the revenue targets.