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Prime Minister Shehbaz Sharif reprimanded Chairman FB Aramjad Zubair.
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Sources according to the Prime Minister’s Office FBR The Prime Minister warned Chairman Amjad Zubair about the failure in the performance of the organization, Shahbaz Sharif while talking said that the performance of the institution is beyond my understanding.
He warned the chairman that if the institution fails to perform, then withdraw from the appointment. Chairman Amjad Zubair said that there is lobbying against me in the institution, the officers are not working.
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The Prime Minister said that it has been 2 months since the formation of the government, you are telling me now that the officers are not working in the institution.
Apart from this, a meeting was held at the FB headquarters under the chairmanship of Federal Minister of Finance Muhammad Aurangzeb, the chairman and board members participated in the meeting, Attorney General Mansoor Usman Awan also participated in the meeting.
In the meeting, FBRK performance was reviewed in terms of revenue collection.
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Chairman Amjad Zubair also talked about the digitization measures to improve the efficiency, the Finance Minister directed that the tax base should be widened to increase the tax to DP ratio, revenue collection should be expanded, every effort should be made to achieve the revenue targets of the current financial year.
The Federal Board of Revenue, on the other hand, failed to achieve the revenue target.
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According to the sources, the revenue shortfall of FBR in the first 10 months was recorded at 48 billion rupees. FBR collected Rs 7366 billion against the target of Rs 7414 billion.
In April 2024, the revenue shortfall was recorded at Rs 53 billion and the tax target for April was Rs 707 billion.
FBR collected Rs 654 billion in April. This month, FBR is afraid of a revenue shortfall of up to 100 billion rupees. During the current fiscal year, FBR can collect more than 91 billion rupees in tax revenue.
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