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Home Latest News

Multan RTO assigned Rs 6.8b target for April

byImran Ali
13/04/2016
in Latest News, National
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MULTAN: The Federal Board of Revenue (FBR) assigned Rs 6.82 billion target for revenue collection for the month of April, 216 to the Regional Tax Office (RTO).

The RTO will collect the taxes under the heads of income tax, sale tax and federal excise duty during the said period.

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The FBR has assigned task to collect Rs 4.24 billion in wake of sales tax that is a major source of income for the RTO, as it collected Rs 32 billion as sales taxes during first nine months of current fiscal year 2015-16.

Under the head of income tax, a target of Rs 2.48 billion has been assigned, while the Multan RTO has been asked to collect Rs 100 million as federal excise duty (FED).

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