Though the
excise duty mobilisation failed to meet the target, revenue mobilisation has
exceeded the target for the fourth month of the current fiscal year 2013-14.
The Inland
Revenue Department has been able to mobilise Rs 31.32 billion revenue in the
four months – mid-October to mid-November – of the current fiscal year against
the target of Rs 31.22 billion, the department said, adding that income tax and
VAT mobilisation stood at 101 per cent of the target, whereas excise duty
mobilisation stood at 99 per cent.
The
department has been able to mobilise Rs 12.70 billion (target Rs 12.63 billion)
under income tax, Rs 10.70 billion (target Rs 10.62 billion) under VAT, Rs 7.35
billion (target Rs 7.74 billion) under excise and Rs 123.6 million (of the
target Rs 90.3 million) under education tax, said the director general of the
department Tanka Mani Sharma.
In the third
month of the current fiscal year 2013-14, the revenue mobilisation had stood at
Rs 27.07 billion.
Meanwhile,
the department today organised a interaction with the auditors under its
taxpayers awareness programme.
Sharma, on
the occasion, requested the auditors to play a role of the facilitator between
the revenue administration and the taxpayers.
Seeking the auditors assistance in making the Tax
Fair on Tax Fair on January 5-8 a success, he called the auditors to help the
taxpayers aware of their duties and better revenue mobilisation.
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