LAHORE: The Faisalabad Regional Tax Office (RTO) has achieved more than 80 percent of the recovery target set for the first quarter of 2014-15.
A source in RTO said on Wednesday that the Federal Board of Revenue had given recovery targets of Rs 3.99 billion income tax, Rs 1.75 billion sales tax and Rs 51.100 million federal excise duty.
The RTO recovered Rs 78.94 million federal excise duty, Rs 3.77 billion and Rs 790 million in the heads of income tax and sales tax respectively.