September 20, 2003	Saturday	Rajab 22, 1424

LAHORE, Sept 19: The Central Board of Revenue (CBR) would bring as many as 300,000 new taxpayers under the tax net during the current fiscal year.

This was stated by Regional Commissioner Income Tax (Eastern Region) Mohammad Daud Tahir while briefing reporters on the RCITs moot held here on Friday. The moot discussed ways and means to broaden the tax base. The conference focussed mainly on the issue of broadening the existing tax base.

“As the finance minister has declared the current financial year as the year of the taxpayer, all out efforts would be made to broaden the tax base. We are hopeful that the target of netting 300,000 new taxpayers at the national level would be achieved,” Daud Tahir said. He said the information collected through the national tax survey would be utilized to net new taxpayers.

“There are a number of people who pay their utility bills in hundreds and thousands but are either not on tax net or under reporting to the tax department,” he said.

To a question he said the parameters of the new universal self-assessment scheme for selecting cases for audit were yet to be decided.