SMBR briefing Finance Minister regarding Tax achievments

Senior Member Board of Revenue, Honourable Syed Zafar Ali Shah, briefing Minister Finance Honourable Mr. Taimur Khan Jhagra, regarding record Tax Achievements by collecting 41% extra from its annual revenue target during the last 08 months

Peshawar Board of Revenue Committee Room Khyber Pakhtunkhwa

Meeting with Finance minister

The Revenue Department of Board of Revenue Khyber Pakhtunkhwa has achieved a notable success by collecting 41% extra from its annual revenue target during the last 08 months. The Senior Member Board of Revenue, Syed Zafar Ali Shah said that the department had achieved the annual target of tax and fee collection for the current fiscal during the eight months and collected 41% extra revenue in a period of three months.

He further said the Revenue Department added Rs 5.9 billion to the national exchequer with 41% extra recovery from the set target under the head of tax and fee collection during the last 08 months. The Senior Member Board of Revenue KP, Sayed Zafar Ali Shah following the instruction of CM KP, Mahmood Khan and Chief Secretary, Dr Kazim Niaz had issued strong directives to the staff of Revenue Department to expedite the recovery process.

Following the directives, the revenue staff achieved its target of revenue collection for the current year during the first eight months and with the recovery of extra 41% during the period of three months, a total of Rs 5.9 billion were deposited to the national exchequer.
SMBR, Zafar Ali Shah congratulated the revenue staff for achieving the set target only in eight months by making the department the first one to achieve its target before the stipulated time frame. He also showed that the department would achieve a new record of revenue collection during the end of the current fiscal year.

Fee/Taxes Target Estimate 2020-21 Target Achieved
AIT / Land Tax
89M
74M
Registration Fee
-
61M
Mutation Fee
2,753M
2,903M
Stamp Duty
1,600M
2,786M
CVT
-
82M
Total
4,442M
5,908M