Precarious law, order in Karachi: FBR team to analyse extent of revenue setback

The Federal Board of Revenue (FBR) has constituted a team to analyse and report the extent of revenue setback due to law & order situation in Karachi as well as the shutter down strike in Lahore. In this connection, a meeting was called here on Monday by the Chairman FBR Mumtaz Haider Rizvi to review FBR's revenue collection during the current financial year.
During the day-long meeting, a threadbare analysis of the performance of each Large Taxpayer Unit (LTU) and Regional Tax Office (RTO) during March 2012 was made. Strategies were developed to ensure that the Regional Tax Offices (RTOs) and Large Taxpayer Units (LTUs) with below-par performance meet the revised revenue targets for the month of April without fail. The significance of collection of outstanding arrears through necessary enforcement recourses was highlighted during the meeting.
A team was set up to analyse and report the extent of revenue setback due to law & order situation in Karachi as well as the shutter down strike in Lahore. The Chairman also directed the field formations to remain open on every Saturday of the month, till June 30, 2012, in order to facilitate the trade and business community who have suffered huge business losses during the week-long agitation resulting in business closures in Karachi and some parts of Punjab, especially Lahore.
The meeting was attended by Shahid Hussain Asad, Member (IR), Riffat Shaheen Qazi, Member (FATE), Raza Baqir, Member (Administration), Azra Mujtaba, Member (SP&S), Riaz Khan, Director General (I&I-Customs) and Nisar Muhammad, Chief Collector (North) as well as representative of I&I (Direct Taxes) and GM Pakistan Revenue Automation Limited (PRAL).-PR