SIALKOT: The Excise and Taxation Department, Gujranwala region, has achieved 50 percent of total tax recovery target and collected Rs 46 million property tax during the first four months of current fiscal year.
According to official sources, the Excise and Taxation Department was assigned total tax recovery target of Rs 92 million of which Rs 46 million have been collected.
As per details, 52 teams of Excise and Taxation Department have started recovery in Sialkot, Narowal, Gujrat, Mandi Bahauddin, Hafizabad and Gujranwala districts. Official sources told Customs Today, the special recovery targets have also been assigned to the concerned Excise and Taxation Officers (ETOs) to ensure early recovery of the revenue in Gujranwala Divisions all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts.
Sources said all the available resources were being mobilized to achieve the target for which PT-10 forms (tax notice forms) have been distributed in all the four districts while Punjab government also announced 5 percent rebate for those who will pay their property tax by October 31, the sources said.
