QUETTA: The customs Quetta collectorate as well as other model collectorates of the country must focus on unrecovered revenues and speed up efforts to get them to meet the assigned target for current month April 2016-17 as well as the assigned target for fourth quarter (April to June) of Financial Year 2016-17.
According to Dr. Saeed Jadoon, Collector Quetta, Chairman FBR mostly talked on enhancement of efforts to meet the upward revised revenue collection targets for next quarter adding that June’s revenue target always looks difficult but Quetta has already collected enough revenue collection to chase the June FY2016-17 target. The collector said the MCC Quetta has collected Rs11.9million during first nine months against the assigned target of Rs15.4million for the whole Financial Year FY2016-17. He fully hopes that Collectorate of Quetta will surpass the given revenue target with an amount of Rs15.5million.
He said the Quetta Collectorate had already surpassed the assigned revenue collection targets till month of March FY16-17 under the heads of Sales Tax, Customs Duty and Income Tax.
He said the chairman, during his video conference, asked the Inland Revenue Service (IRS) to behave with the filers politely whereas pursue the non-filers strictly.
Pakistan’s total liquid foreign reserves reach $ 13.37b
KARACHI: The total liquid foreign reserves of Pakistan reached US$ 13,373.7 million while foreign reserves held by State Bank stood...