Faisalabad Excise collects Rs 1.88b against Rs 2b target in FY2014-15

FAISALABAD: The Excise and Taxation Department Faisalabad region has achieved the revenue target up to 95 percent in fiscal year 2014-15.

As per details, the Punjab government had assigned the Rs 2 billion revenue recovery target to Faisalabad division for outgoing fiscal year, while it has collected Rs 1.88 billion that is 95 percent of the total target.

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District Faisalabad has recovered Rs 1.520 billion; District Jhang collected Rs 140 million; District Chiniot generated Rs 80 million, while the District Toba Tek Singh collected Rs 130 million during the fiscal year 2014-15.

Director Ahmad Saeed said that the division has achieved all target heads of recovery except property tax.