MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) has realized Rs 37.09 billion as taxes up to December of the current fiscal year, while it had collected Rs 36.94 billion during the same period of the last year 2014-15.
The RTO has collected Rs 16.599 billion as income tax against the target of Rs 17.26 billion, Rs 20.24 billion in wake of sales tax against the target of Rs 18.65 billion and Rs 251 million under the head of federal excise duty against the target of Rs 400.
During the December, 2015, the department collected overall taxes to the tune of Rs 7.782 billion against the set target of Rs 8.21 billion by achieving the target up to 94 percent.
The RTO is taking steps for bringing new taxpayers into tax net and in current fiscal year it has brought 20,000 new taxpayers into tax net, officials said, adding that such measures will impose positive impact on revenue collection.
During his recent visit to Multan RTO, Inland Revenue Operation Member Muhammad Irshad also appraised the performance of the tax authorities those have made efficient strategies, in this regard.
The FBR RTO Multan has performed well in tax collection with over 18 percent increase in taxes so far as compared to the previous year.
The officials said that performance of the department was remained encouraging during first two quarters of the year, as it showed 18 percent growth over last fiscal year.
