ISLAMABAD: Finance Minister Senator Ishaq Dar has congratulated Chairman Federal Board of Revenue (FBR) Tariq Bajwa and his whole team who have worked hard to achieve the target for revenue collection during the last fiscal year 2013-14.
"It is only due to the commitment, dedication and hard work of the whole team that only in one year there has been an increase of over 16 percent in tax collection which is unprecedented in the history of Pakistan", the Finance Minister said in a statement here Wednesday.
The Finance Minister said that targets are always set on the higher end and efforts are made to reach closer to that target.
The Finance Minister hoped that the FBR will devise a strategy to achieve the target of Rs.2810 set for the next fiscal year 2014-15.
He directed the FBR Chairman to work for simplifying the procedures involved in filing returns and incentives should be given to the return filers as compared to the non filers.
He added that the tax payers should be facilitated by simplifying tax reporting so that people prefer to pay taxes rather than evading tax process and tax payers should be rewarded.
He further said that serious efforts will be made for the documentation of the economy.
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