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RTO Multan sets Rs10b tax recovery target for Dec 2017

MULTAN: Regional Tax Office (RTO) Multan has been given the target of Rs 10 billion tax collection for the ongoing month, Dec 2017.

RTO Multan officials said that they were given the target of Rs 6.6 billion for the month of November 2017 and a sum of

Rs 6.5 billion was recovered.

Rs 10 billion target for a month was comparatively bigger but officials have sped up efforts and hope to achieve it within

the ongoing month, officials added.

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Also Read This: IMF satisfied with the efforts of FBR

ISLAMABAD: The International Monetary Fund (IMF) has showed satisfaction on the efforts of the Federal Board of Revenue (FBR) to collect the tax revenue as well as stressed the need for broadening the tax base.

According to the details, IMF’s Post-Program Monitoring Mission met with Special Assistant to Prime Minister Haroon Akhter regarding tax policy and administrative issues while Chairman FBR Tariq Mahmood Pasha and Members of the FBR including Member Operation Khawaja Tanvir Ahmed, Member Taxpayers Audit Rehmat Ullah Khan Wazir, Member Customs Muhammad Zahid Khokhar, Member Policy Inland Revenue Dr. Muhammad Iqbal were also present in the meeting held at the FBR House on Monday.

Akhter mentioned that significant growth has been achieved in revenue generation in the current fiscal year. The chairman FBR briefed the mission about the implementation process of tax reforms and progress regarding the tax revenue collection during the last five month and hoped that FBR will get the revenue targets of current financial year (2017-18).

 

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