FBR urged to improve tax scheme

Published December 29, 2015

ISLAMABAD: Finance Minister Ishaq Dar on Monday directed the Federal Board of Revenue (FBR) to further improve the draft Voluntary Tax Compliance Scheme so as to attract maximum number of new taxpayers and achieve the aim of broadening the tax base.

The minister issued the directives while chairing a meeting to review fiscal and revenue targets and measures for broadening of tax base.

Senior officials of the Ministry of Finance and Federal Board of Revenue participated in the meeting.

The meeting was apprised of status of expenditure during the second quarter of the financial year. It was noted that the expenditures during the first five months were broadly in line with the fiscal targets, while every effort was being made to meet the end December target.

The minister expressed satisfaction on the fiscal situation and directed that it must be ensured that fiscal limits were strictly adhered to.

Published in Dawn, December 29th, 2015

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