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This is the 15th edition
of the CBR Yearbook. It reflects the performance of the CBR in the
2004-05. It contains data relating to Federal Taxes administered by the
CBR for the last five years along with a comparative analysis thereof
with the preceding years which helps in the true appraisal of the output
of the tax collecting departments of the CBR.
2. It is heartening that the CBR has achieved the revenue target
assigned for fiscal year 2004-05. In fact, the collection has also
surpassed, albeit marginally, the upwardly revised revenue requirement
of Rs. 590 billion. With continuous effort on transforming the tax
system, it is believed that the tax collection will increase further in
future and in the process the tax-GDP ratio will also improve.
Nonetheless, continuity of the ongoing reform process in the shape of
simplified laws & procedures and facilitation of taxpayers holds the key
to success.
3. I commend the hardwork put in by the officers and staff of the
Directorate of Research & Statistics, CBR, and the Fiscal Research Wing
of CBR in preparation of the Year Book.
4. We look forward to receiving your feedback on this effort. |