PESHAWAR, May 31: The NWFP Board of Revenue (BoR) has collected Rs410 million against Rs732 million target set for July-April, recording massive shortfall, according to the latest available official data.

The sources said the provincial government is set to miss Rs750m downward revised annual target for the current financial year. The gap between the actual revenue receipts under different heads falling under the purview of BoR and annual revenue target got widened at the close of March, leaving little chance for the Board to meet the annual target.

“Even the separation of the revenue collection authority (previously vested in deputy commissioner) from the administrative authority, at the district level, under the devolution of power plan could not make positive impact on BoR’s collections,” said the sources. The collections made under eight heads appear to be some 56 per cent of the total annual revenue target the Board is supposed to meet.

“There is no possibility that the board would be able to raise around Rs350m during the last two months of the current fiscal,” said the sources.

Except for ushr, local rate and registration fee heads—the three receipts heads not involving the provincial government’s major stake as far as the provincial own receipts are concerned— BoR, according to the sources, appears to be all set to miss the recovery targets set under the vital receipts heads of land tax and agriculture income tax, abiana, stamp duty and mutation fee.

Not only that the BoR recorded recoveries much less than the proportionate basis target it was supposed to meet at the close of the first ten months, the recoveries raised this time around appears to be less than the amount raised by it during the corresponding period last financial year.

At the close of the first ten months of the 2000-01 financial year the BoR had recorded recoveries of Rs421m, around Rs9m more than the revenue generated by it during the same period during the current financial year.