Karachi: The Federal Board of Revenue (FBR) is preparing to implement performance-based transfers of senior officers, focusing on revenue collection efficiency.
This move comes as the FBR faces concerns over a revenue shortfall in the first two months of the current fiscal year.
According to sources within the FBR, the new Chairman is closely monitoring the performance of each Commissioner of Inland Revenue (IR) to identify those responsible for the revenue shortfall observed in August 2024. The Chairman’s active involvement underscores the FBR’s commitment to improving its revenue collection efforts and holding senior officials accountable for meeting their targets.
To facilitate this process, the FBR has instructed all Chief Commissioners of Inland Revenue to submit detailed data on net revenue collection and monthly targets for the months of July and August 2024. This includes a comparative analysis of the growth in revenue collection for these months over the past year. The information is crucial for evaluating the effectiveness of each Commissioner and determining who has fallen short of their assigned targets.
On Saturday, the FBR reiterated its directive to all Chief Commissioners IR to provide comprehensive, Commissioner-wise details of revenue performance for August 2024. The FBR has also requested data on net collections and targets assigned to each field office for July and August of both 2023 and 2024. This detailed data collection aims to give the Chairman and senior FBR officials a clear picture of which Commissioners have met or exceeded their goals and which have not.
Sources suggest that following this performance evaluation, the Chairman of the FBR is expected to make transfers of senior officials, including Chief Commissioners and Commissioners, who did not meet their revenue targets for August 2024. This action is part of a broader strategy to ensure that the FBR meets its overall revenue collection goals for the fiscal year.
The decision to implement performance-based transfers reflects the FBR’s ongoing efforts to enhance accountability and efficiency within the organization. By aligning senior officers’ performance with the FBR’s revenue collection targets, the board aims to create a more results-driven culture that prioritizes the achievement of fiscal goals.
This initiative is seen as a critical step towards addressing the challenges faced by the FBR in revenue collection and ensuring that all field offices are actively contributing to the overall financial health of the country. As the FBR continues to analyze performance data, further actions may be taken to strengthen its revenue collection framework and improve its operational effectiveness.
