ahlam1399
07-17-2019, 01:54 PM
ISLAMABAD: Prime Minister Imran Khan has canceled a tentative meeting with FBR team on Wednesday (today) second time in row within the period of last two weeks, indicating that the premier does not seem happy with the performance of tax collection machinery at all.“It’s an awkward situation as the PM cancelled it’s another tentative meeting with FBR team expected to be held on Wednesday second time within the current month” top official sources confirmed to The News on Tuesday.In another development, the incumbent FBR Chairman Shahbar Zaidi has declined to become Special Assistant to PM (SAPM) on Revenues mainly because the position of Chairman FBR is more powerful than the slot of any Special Advisor.However, the final decision to this effect will be made by Prime Minister Imran Khan but the premier himself had made up his mind against FBR considering them their high and mighty ranks officers were responsible for the mess created on fiscal front of the economy. This scribe had contacted to Chairman FBR Shahbar Zaidi on Monday night and inquired him about his elevation as SAPM; he had declined to discuss it at the moment and replied back that it would be discussed at any other time. He stated that they were taking measures which had never taken anyone in the past. He concluded that the FBR decided to enforce the law as commercial and industrial non-filers would not be able to get electricity and gas connections.However, the premier in the past had even threatened abolishing the FBR and placement of new taxation machinery but he had never shared details that how he intended to move ahead on this subject.The PM and his close aides before the announcement of last budget in June 2019 had obtained presentation from NADRA high-ups who came up with their own prescription and they also proposed to come up with their proposal on taxation front on the name of broadening of tax base. The FBR sternly opposed any such proposal arguing that the taxation is the domain of the FBR and no other department should poke into nose of other affairs.On other hand, other key changes are also awaiting into the fold of tax machinery as uncertainty prevailed so the government should make up its final mind so that the officers could focus on achieving the highest ever collection target of Rs5550 billion.The FBR had collected Rs3832 billion in the last fiscal year 2018-19 despite collecting taxes through two amnesty schemes and faced major revenue shortfall to tune of Rs318 billion compared to revise target of Rs4150 billion.The FBR had initially envisaged target of Rs4398 billion and the Board netted Rs3832 billion so the overall shortfall stood at Rs566 billion against the original target.Now the FBR will have to achieve over 44 percent growth for displaying Rs5550 billion in the current fiscal year. With the prevailing uncertainty, the achieving of target is becoming difficult with every passing day. The government should move ahead for making crucial decisions related to the FBR as early as possible, the official sources concluded.http://feeds.feedburner.com/~r/com/cwEr/~4/ZvCbR_80Di4
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