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Bajwa briefs Dar over SROs withdrawal plan

Bajwa briefs Dar over SROs withdrawal plan

LAHORE: Finance Minister Senator Mohammad Ishaq Dar on Friday reviewed the performance of Federal Board of Revenue at its Headquarters, Islamabad.

Chairman FBR Tariq Bajwa apprised the Finance Minister on the efforts being made by FBR to achieve the revenue targets set in the budget. During the four hour long meeting, the Finance Minister was briefed on a plan being prepared by FBR for withdrawal of Statutory Revision Orders (SROs).
During the meeting a threadbare discussion was held on the existing SROs issued for concessions in Income Tax, Customs and Sales Tax. The Chairman informed the Finance Minister that the plan would be finalized under the broad guidelines discussed during the meeting by December 31, 2013.
The meeting was attended by Secretaries Finance and Commerce, Advisor on Finance, and senior officials of FBR, Finance and National Tariff Commission.