ISLAMABAD - The Federal Board of Revenue (FBR) is taking all possible steps to achieve the revenue collection target in the outgoing financial year 2011-2012, as in a latest move the board has imposed ban on all kinds of leaves except sick and casual leaves of all officers and staff of FBR (Hqrs) and its field formations till 30th June, 2012.
“To help in increasing revenue collection, the competent authority is pleased to put a ban with immediate effect on all kinds of leaves except sick and casual leaves of all officers and staff of FBR (Hqrs) and its field formations till 30th June, 2012. No request of leave may, therefore, be entertained till June 30, 2012”, stated a notification issued by FBR the other day.
It might be mentioned here that FBR has to collect Rs 686 billion in last quarter (April-June) of the outgoing financial year to reach the annual tax collection target of Rs 1952b. FBR has collected Rs 1266 billion in the first nine months (July-March) of the current fiscal year, which is 24pc higher than the collection of Rs 1020 billion of same period last year.
Meanwhile, the FBR has cancelled the Saturday holiday of the officials of the board in a view to work more for revenue generation. Similarly, Chairman FBR Mumtaz Haider Rizvi has directed all Model Customs Collectorates /Large Tax payer Units/Regional Tax Officers/Tax Facilitation Centers to remain open till 18:00 hours on Saturday (28-4-2012) and till 22:00 hours on 30-4-2012 in order to facilitate the trade and industry in getting their cargo cleared for imports and exports and for receiving of returns and payment of duty and taxes.
Chief Collectors of Customs/Chief Commissioners of Inland Revenue will coordinate with State Bank of Pakistan and National Bank for designated branches to also remain open up to 18:00 hours on Saturday 28-4-2012, and up to 22:00 hours on Monday 30-4-2012 to allow public to pay duty and taxes at late hours. The port authorities/port operators are also advised to synchronize their working accordingly.