MULTAN: FBR Member IR Dr. Irshad has directed Regional Tax Office Multan to achieve the revenue target set for January this year.
Sources told Customs Today that the Federal Board of Revenue (FBR) has directed the Regional Tax Offices (RTOs), including the RTO Multan, to achieve the revenue targets at any cost for current month. The FBR Member IR carried out conference through video link in which other tax offices also participated.
Member Inland Revenue Operation Dr. Irshad Ahmad have directed RTO Multan to stay energetic for the collection of tax revenues and take some extra ordinary circumstances with special focus on recovery of due taxes and arrears.
Revenue Collection strategy was formed to achieve the targets of third quarter including January, February and March which has been finalized by the Chief Commissioners of RTO Multan under the guidance of FBR Member Inland Revenue.
The Regional Tax Office Multan has also highlighted their weak areas which create hurdles for them in tax collection from defaulters. Member IR Dr. Irshad directed to focus on withholding agents to enforce them about filing of tax statements .
During the conference, tax authorities have directed the Chief Commissioners of RTO Multan to make extra efforts for revenue collection in the remaining period of current fiscal.
There was a general consensus in the conference that the Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) would maximize their efforts to achieve the budgetary target for third quarter (January-March)2015-16. This would reduce burden on the field formations in the last quarter for meeting the annual tax target of current fiscal year.
While reviewing the overall performance of the Chief Commissioners of the RTOs, it was observed that the performance of RTO Multan was satisfactory with more than 100 percent tax collection so far.