ISLAMABAD: The Large Taxpayers Unit Islamabad has surpassed the revenue target of Rs72billion by Rs20billion. Now the total revenue is Rs92billion. While yesteryear, (Financial Year (2015-16), Large Taxpayers Unit had earned Rs72billion which was less than the assigned target set by the FBR. The Large Taxpayers Unit has collected 24 percent more revenue than yesteryear.
Chairman Federal Board of Revenue DR. Irshad and Member Operation Rehamat Ullah Khan Wazir have lauded the performance of the LTU, especially efforts of Chief Commissioner Noshad Ali Khan and his team, which comprises four Commissioners including Dr. Bashir Ullah, Amir Ali Khan Talpur, Ahmed Shujah Khan and Asim Majeed.
There are two major clients of Large Taxpayers Unit Islamabad who are Pakistan Tobacco Company and Oil and Gas Development Company Limited which contributed a huge amount of taxes in the form of Federal Excise Duty and Sales Tax.
Sources told Customs Today that it is the highest revenue collection in the history of the Large Taxpayers Unit Islamabad.
