May 04, 2024 (MLN): Federal Minister for Finance and Revenue Muhammad Aurangzeb on Friday decided to devise a holistic strategy under the Federal Board of Revenue (FBR) to actively pursue all the pending legal cases for early recovery of stuck-up revenue.
According to a press release issued yesterday, the Finance Minister visited the FBR Headquarters and held a meeting with the Chairman of FBR and Members of the Board to review the revenue collection performance of FBR.
During the meeting, Chairman FBR gave a detailed briefing to the Minister about the revenue collection efforts of FBR for the current financial year 2023-24.
The Chairman also briefed about measures being taken for the digitalization of FBR to further improve its performance.
The Finance Minister emphasized on devising strategies to enhance the tax-to-GDP ratio and broaden the tax base to maximize revenue collection.
The Minister called for making all-out efforts to achieve the ongoing year’s revenue collection target. Various other issues including pending legal cases also came under discussion during the meeting.
