ISLAMABAD - Finance Minister Senator Mohammad Ishaq dar has expressed satisfaction over the performance of fbr on the collection of revenues in the last 5 months of the tax year 2013-14.
These observations were made by him during the presentation made by fbr at the Finance Ministry this afternoon.
The Finance Minister was informed by the Chairman fbr that an amount of Rs.797 billion was collected by fbr up to November, 2013 which is an increase of 17pc as compared to the corresponding period last year. The chairman also informed the Finance Minister Senator Mohammad Ishaq dar that 8,14,981 tax returns were filed in the financial year 2013-14 up to 16 December, 2013 only. Whereas during the whole financial year 2012-13 the number of returns filed were 7,44,866.
The Finance Minister directed fbr to facilitate investors and implement the new incentive scheme announced by Prime Minister Mian Mohammad Nawaz Sharif in letter and spirit.
The meeting was attended by senior officials of the Ministry of Finance and fbr .