Inland Revenue Dept targets an increase of Rs 80.4 in 2009 [October 12 2008]

The Department of Inland Revenue has increased its revenue target by Rs. 80.4 billion rupees for the next financial year. Reports said the estimated revenue target of Rs. 329.8 billion set for year 2007 has already increased to receive Rs.410.2 billion rupees this year. Due to the stagnating economic condition prevailing in the country coupled with inflation and high spending on the war has forced the government to increase the estimated revenue targets for 2009.