The Federal Board of Revenue will have to raise Rs572 billion in the last quarter
(April-June) of 2010-11 to reach the downward revised target of Rs1,588 billion for the fiscal year.
An official in the FBR told Dawn on Thursday that tax officials were contemplating on various proposals to
raise revenue for reaching the revised target. The tax target was revised from Rs1,604 billion to Rs1,588
billion despite mid-term revenue measures including withdrawal of exemptions on agriculture products.
An Income Tax Commissioner Conference scheduled for next week will also discuss various options to
realise tax from potential taxpayers.
