ISLAMABAD: The Federal Board of Revenue (FBR) has decided to purchase 290 cars for the district taxation officers. The Federal Board of Revenue chairman has sent a letter to Finance Minister Ishaq Dar to approve the funds for the purchase of vehicles from the finance ministry.
Sources told Customs Today that vehicle purchasing is part of the FBR project “Road to Seven Trillion”. The finance minister has already approved the project and termed it workable. Under this project, the FBR will increase tax collection to Rs 7 trillion in three years and district taxation officers will be appointed in far flung areas of the four provinces.
Under the plan, tax to GDP would be enhanced 14 percent in the next three years. In this regard, jurisdiction of the Large Taxpayers’ Units (LTUs), had already been settled in three major cities of the country — Lahore, Islamabad and Karachi.
Far flung and slums areas will be handled through establishing new Regional Tax Offices (RTOs) while FBR has already expanded its jurisdiction to district and tehsil level. In this regard vehicle purchasing was suggestion of ex-chairman of FBR Dr. Mohammad Irshad and members of board of council was also approved it.
Implementation on project road to seven trillion is underway and district taxation officers would be appointed soon. Sources told if ministry of finance will not provide the funds for purchasing of vehicles timely then FBR would have to bear heavy expenses.