Sindh claims to achieve record Rs61bn tax targets.
KARACHI -- Sindh Revenue Board has recovered 55 billion upto May 30, 2016 and by the end of the current financial year it would achieve the target of Rs61 billion collections, the PPP government claims.
The claim was made a meeting held under the chairmanship of Sindh Chief Minister Syed Qaim Ali Shah to review the kitty of the government for finalizing the next budget here at the CM House on Tuesday.
Those who attended the meeting, include Senior Minister for Finance and Energy Syed Murad Ali Shah, Chief Secretary Siddique Memon, Principal Secretary Alamuddin Bullo, Senior Member BoR Rizwan Memon, ACS (Dev) Mohammad Waseem, Secretary Finance Sohail Rajput, Secretary Excise Haleem Shaikh, Zulfiqar Shah Member BOR and others.
The chief minister said that this is a very good collection and we would ensure to trickle down its benefits to the people of the province by creating job opportunities and carrying out development works.
The SRB in-charge Kazmi said that his organisation has collected Rs6.1 billion in a single month of May which is itself a record. The overall collection from July 2015 to May 30, 2016 comes to Rs55 billion and by the end of financial year it would achieve collection target of Rs61 billion. On this the chief minister congratulating the SRB and finance minister for achieving the target said that it was a great contribution of PPP government to strengthen financial position of the province by establishing a strong and effective organization like SRB. It may be noted that last year, 2015-16 the collection target was Rs49 billion.
Senior Member Board of Revenue Rizwan Memon briefing the meeting said that it was given a target of Rs16.6 billion against which they have recovered Rs10 billion and by the end of the year their collection would cross Rs12 billion.
There would be a shortfall of Rs4.6 billion. Member BOR Zulfiqar Shah told the chief minister that he has cleared the back log of 36,000 documents at microfilming. Now the entire process has been digitalised and next year not only the revenue recoveries would be increased by people would be happy to receive their record within three days. It may be noted that the BoR has three wings, registration, Revenue, stamp. All the three wings are being revamped which would not only increase revenue collections but develop great convenience for the people.
Secretary Excise and Taxation Department was given a target of Rs41.78 billion against which it has recovered Rs42 billion. He added that the department would go much ahead of the target.
The chief minister said that the last property survey was conducted in 2001; therefore afresh survey must be conducted to bring in the more housing units in the tax net. He directed the chief secretary to call a meeting to evolve mechanism for fresh survey of property units.
Secretary finance Sohail Rajput said that through a World Bank project property survey was being conducted in Sukkar through a private firm. He suggested that the department has no physical resources to conduct the survey, therefore it may be outsources. The chief minister authorized the chief secretary to evolve mechanism for next survey. The chief minister giving guidelines to his finance, development and planning teams said that in the next budget maximum employment opportunities should be created. Focus must be given to the development of social sector. I want you to give special focus to women empowerment, youth, sports, welfare, special education and such others department, he said and added that additional funds be allocated for local governments.
Senior Minister for Finance Syed Murad Ali Shah said that he has already requested all the departments to send their new SNE for allocation of the budget in the next financial year. He added that there would be plenty of new jobs in police, education, health, irrigation and in some other departments. The chief minister directed Senior Minister for Finance Syed Murad Ali Shah to finalize budget proposals for the next year budget and in another meeting they would be finalized.
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|Publication:||Frontier Post (Peshawar, Pakistan)|
|Date:||Jun 1, 2016|
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