PESHAWAR, March 7: The gap between monthly recoveries and total annual target under the head of local rate has widened at the close of first seven months of the current financial year.

Against a total annual target of Rs11m the province recovered Rs2.9m at the close of the first seven months, still Rs8.1m are yet to be recovered during the remaining period.

Officials of the NWFP Board of Revenue said that the local rate target, for the 2001-02 financial year, had been fixed at a higher side.

Authorities of the provincial finance department rejecting the impression said that apart from poor performance on the part of the district tax collection authorities, it proves ineffectiveness of the newly introduced tax collection system.

“There is much more needed to be done to help the new system — introduced on Aug 14, last — work effectively,” said a senior official.

The provincial government raised just over Rs 400,000 under the local rate head during seventh month of the current financial year after recording Rs2.5m at the close of the first half of the 2001-02 financial year.

The recoveries made under the local rate head, by the end of the seventh month of the current fiscal makes 26.4 per cent of the total annual target.

USHR: Against a total annual target of Rs1.7m under the head of ushr the provincial government raised over Rs1.3 m at the close of the first seven months of the current financial year, according to official sources.

Sources said that in line with the previous years, this year too meeting the annual ushr target would not be a problem.