LAHORE: Federal Board of Revenue (FBR) has assigned Rs 6.1 billion target to the Regional Tax Office-II (RTO-II) for November of current fiscal year 2015-16.
The Board has assigned Rs 2,200 million target in wake of sales tax, Rs 3,900 million under the head of income tax, while it has not assigned target for federal excise duty (FED) as this tax collection has been assigned to Large Taxpayers Unit (LTU).
Officials said that RTO-II has expedited the efforts to not only meet the target but also surpass it. They hoped that field formation will also surpass the target for running fiscal year 2015-16.
They informed Customs Today that noose around the tax defaulters and evaders has been more tightened as department was taking non-discriminatory actions against defaulters.
