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Home Prime News

Finance Minister instructs IRD to double inland revenue

CEO Tab by CEO Tab
August 13, 2021
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Finance Minister Janardan Sharma has directed the concerned officials to prepare a work plan to double inland revenue and implementing it effectively. Minister Sharma reminded that the present work style could not contribute to the country’s progress, so internal revenue must be boosted.

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He said it during a meeting with the Department of Inland Revenue in the ministry on Thursday. Minister Sharma assured the officials of assistance as human resources, technology and training so that they could meet the target and double inland revenue. Similarly, the Department was asked how it could build a culture where taxpayers were attracted to pay tax.

“The atmosphere for them should be created in a way it encouraged them to pay tax,” he reiterated. According to the Minister, the time has come to evaluate the country’s property. “What about the monitoring of country’s property? What is the property citizen owns and the property government owns? Plan to evaluate it is needed,” he said.

On the occasion, Finance Secretary Madhukumar Marasini informed that revenue is the lifeline of national economy. The target of the revenue collection could be changed, he hinted. Secretary Marasini urged the revenue offices to go digital.

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